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Friday, October 8, 2010
Spot Gold At Record High of $1,364.95 a troy ounce
Matthew Walls
The Wall Street Journal
Octover 7, 2010
Spot gold surged higher to a new record, fueled by bullish sentiment and a weak dollar.
News that Vietnam had lifted a two-year old ban on gold imports was cited as just one more reason to buy gold, adding steam to the rally as gold races towards $1,400 a troy ounce faster than many had predicted.
Spot gold reached a high of $1,364.95 a troy ounce. In morning trading, it was 0.8% higher on the day at $1,359.50. Other metals followed, with palladium jumping nearly 4% to a nine-year high of $600.50.
Read entire article
The Wall Street Journal
Octover 7, 2010
Spot gold surged higher to a new record, fueled by bullish sentiment and a weak dollar.
News that Vietnam had lifted a two-year old ban on gold imports was cited as just one more reason to buy gold, adding steam to the rally as gold races towards $1,400 a troy ounce faster than many had predicted.
Spot gold reached a high of $1,364.95 a troy ounce. In morning trading, it was 0.8% higher on the day at $1,359.50. Other metals followed, with palladium jumping nearly 4% to a nine-year high of $600.50.
Read entire article
Bob Chapman on The Alex Jones Show - Fri 10.08.2010
Alex Jones talks with regular Friday guest of Bob Chapman the International Forecaster about the economy and related issues. Alex covers the latest news and takes your calls.
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