Monday, 11 April 2011

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Gold Continues to Hit New Record Highs (GLD)

  • Monday, 11 April 2011
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  • Gold is continuing its historic rise on Monday, with the commodity jumping to a new record high for a fifth straight trading day on prospects of a weaker dollar. Spot gold traded as high as $1,476.21 an ounce early this morning, with some analysts expecting the $1,500 mark to be eclipsed soon. According to a Reuters report, "Heightened inflationary threats despite interest hikes by China and



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