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Gold Breaks $1,100

Posted by Scott Boyd at 12:17 pm EST, 11/06/2009

Gold broke through the $1,100 an ounce barrier today on news that Sri Lanka is the latest country to sell part of its US dollar holdings in order to buy gold. The announcement comes just days after India bought nearly $7 billion in gold.

Filed under: Forex Round Up

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Latest Articles

US Housing Crisis Not Over: Moody’s
Posted by Scott Boyd at 12:01 pm EST, 11/20/2009
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Posted by Scott Boyd at 9:16 am EST, 11/20/2009
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