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IPFS News Link • Precious Metals

Gold passes US$800 an ounce

10-31-2007 • AFP

THE price of gold passed US$800 (S$1,160) an ounce here on Wednesday for the first time since 1980 after the US Federal Reserve lowered its key short-term interest rate, the New York Mercantile Exchange said. Gold futures for December touched US$8

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Reported By Powell Gammill

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Gold passes US$800 an ounce

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