Monday, 11 April 2011
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Gold Falls on Investor Sales After Rally to Record; Silver Approaches $42
Gold futures fell on sales by investors after a rally to a record of $1,478 an ounce. Silver climbed close to $42 an ounce, extending a surge to a 31-year high. Libyan leader Muammar Qaddafi agreed to accept an African Union peace plan that may lead to a cease-fire with rebels, eroding demand for gold as an investment haven. Silver gained for the sixth straight session, the longest rally in four
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