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IPFS News Link • Precious Metals

Gold, Silver Rally on Concern Oil Gains Will Spark Inflation

04-17-2006 • Bloomberg.com

Gold rose to a 25-year high, and silver topped $13 an ounce for the first time since 1983, on concern that the dispute over Iran's nuclear program will disrupt oil exports and spur inflation.

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Reported By Ernest Hancock

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Gold, Silver Rally on Concern Oil Gains Will Spark Inflation

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