Monday, 18 April 2011
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Gold Falls as Some Investors Sell Following Advance to Record-High Price
Gold fell in New York as some investors sold the metal after prices rallied to a record on concern about European debt and faster inflation. Silver touched a 31-year high. Bullion futures reached a record $1,489.70 an ounce today. China increased banks' reserve requirements to cool inflation that quickened in March to the fastest pace since 2008. The euro weakened against the dollar on
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