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Thursday, November 12 - 2009

Investors turn to gold

  • United Arab Emirates: Wednesday, April 19 - 2006 at 08:05

Gold is beginning to attract retail investors in significant numbers, traders told Gulf News yesterday as the gold price hit a record $615 an ounce. Growing uncertainty about Iran and the weakening US dollar are the main drivers. Traders said $650-700 an ounce looked likely within the next three months.

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