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The gold rush: Can yellow metal lick $1550/ounce?

The big story is gold. It shot above that USD 1,500 an ounce mark for the first time ever as worries over the outlook for the US economy boosted the metal as a safe haven whereas rising inflation helped lift Asian demand. Now gold prices are up 5% in the month of April.

first published: Apr 21, 2011 08:55 am

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