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Written by Steven J. DuBord
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Saturday, 05 December 2009 00:00 |
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Gold has recently topped the $1,200 per ounce mark, but analyst David Rosenberg sees it going as high as $2,623 per ounce in the not-to-distant future if Communist China follows through on its plans to begin stockpiling the precious metal.
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Written by Steven Yates
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Tuesday, 01 December 2009 19:00 |
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The weakening dollar propelled gold prices in American markets almost to $1,200 an ounce Tuesday morning, Reuters reported. U.S. gold futures for February delivery hit a new record of $1,200.50 an ounce before falling back. Investors are buying the precious metal as an alternative asset.
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