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Gold soars above $1,600 per ounce for first time

Posted By admin On July 18, 2011 @ 3:30 am In Money Watch,Tile | Comments Disabled

AFP [1]
July 18, 2011

LONDON: The price of gold surged on Monday above $1,600 per ounce for the first time in history, as investors bought the safe-haven metal amid deepening worries over the eurozone debt crisis.

Gold jumped as high as $1,600.10 an ounce in early morning trading on the London Bullion Market, as the precious metal extended its recent record-breaking surge which began on Friday.

Gold soars above $1,600 per ounce for first time  150709banner2 [2]

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URLs in this post:

[1] AFP: http://economictimes.indiatimes.com/markets/commodities/gold-soars-above-1600-per-ounce-for-first-time/articleshow/9269192.cms

[2] Image: http://www.prisonplanet.tv/

[3] Stock up with Fresh Food that lasts with eFoodsDirect (AD): http://www.efoodsdirect.com/

[4] Gold hits new record above £1,265 an ounce: http://www.prisonplanet.com/gold-hits-new-record-above-1265-an-ounce.html

[5] Gold hits record high $1,180 per ounce: http://www.prisonplanet.com/gold-hits-record-high-1180-per-ounce.html

[6] Gold price ‘to hit $2,000 an ounce’: http://www.prisonplanet.com/gold-price-to-hit-2000-an-ounce.html

[7] US Mint Runs Out Of Tenth-Ounce Gold Coin Inventory Day After Its Release For Broad Purchase: http://www.prisonplanet.com/us-mint-runs-out-of-tenth-ounce-gold-coin-inventory-day-after-its-release-for-broad-purchase-2.html

[8] US Mint Runs Out Of Tenth-Ounce Gold Coin Inventory Day After Its Release For Broad Purchase: http://www.prisonplanet.com/us-mint-runs-out-of-tenth-ounce-gold-coin-inventory-day-after-its-release-for-broad-purchase.html

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