Excerpt from: Futures and Commodity News
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| January 03, 2008 | | Gold futures rise | Gold futures are on the rise as dollar weakness gives the precious metal a boost in commodities trading. Dollar weakness is a factor in gold prices rising to record levels in commodities trading. The Turkish Press reports on gold in commodities trading:
Gold meanwhile profited from the weak dollar as dealers rushed to
switch investments from the US unit into bullion, which is seen as a
safe haven.
The yellow metal jumped to an historic peak of 867.90 dollars an ounce. | | |
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