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Gold climbs above $1,200 after Fed policy step

News Link  •  Gold and Silver

Gold climbs above $1,200 after Fed policy step


08-11-2010  •  Reuters 
Gold turned higher on Wednesday, shrugging off a 1 percent rise in the dollar versus the euro, as concerns over the outlook for the U.S. economy and the potential for further monetary easing sparked haven buying of the metal.
 
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Reported by Powell Gammill
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