Gold price in China hits new high

A customer tries on a gold necklace at a gold shop in Deqing County, east China's Zhejiang Province, April 6, 2011. On Tuesday, the combination of a weak dollar, worries over inflation and debt crisis in euro zone and ongoing unrest in the Middle East pushed gold prices to new highs. The contract for June delivery closed at a record 1452.5 U.S. dollars per ounce, up 19.5 dollars per ounce. A

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