Thursday, 7 April 2011
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Gold, Near Record, May Advance on Concern About European Debts, Inflation
Gold, little changed near a record in New York, may climb as concerns about European debt and rising inflation spur demand for an alternative investment. The European Central Bank lifted interest rates for the first time in almost three years to quell inflation even as Portugal said yesterday it will seek a bailout. Gold futures yesterday reached a record $1,463.70 an ounce. Prices have climbed
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