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Gold as the ultimate hedge
- United Arab Emirates: Wednesday, March 02 - 2005 at 09:48
Gold remains the ultimate hedge against volatile financial markets, several delegates to the Hedge Funds World Conference in Dubai told AME Info yesterday. Some investors are concerned that US imbalances are likely to precipitate a global financial crisis in the near future. Gold fell back to USD432 an ounce yesterday after rallying this week to touch USD437.
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Peter J. Cooper
