Gold soars over $700
Wednesday, May 10 - 2006 at 08:27
Gold hit a 25-year high of $700.70 an ounce on Wednesday as investors fled to the precious metal on a weak US dollar and tensions over Iran's nuclear ambitions. Analysts predict the historic high of $850 an ounce could be realistically breached within two years.
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James McInerney, News EditorWednesday, May 10 - 2006 at 08:27 UAE local time (GMT+4)
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