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Gold Down 2.4 Percent

by CoinNews.net on January 16, 2008 · 1 comment

Gold reached a new record peak just yesterday at $916.10 on the New York Mercantile Exchange (NYMEX). Today, corrections appear to be in order. Profit taking came into the mix after the dollar gained strength against the euro and oil prices declined. Many analyst had indeed forecasted corrections occurring shortly after gold went above $900 [...]

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