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Gold prices soar to $1700 per ounce (KMOV) – News of the country's credit downgrade has many investors running from riskier investments and turning to
gold. As a result, the precious metal's
value shot up to $1700
per ounce Monday. With
gold's increased
value, now might be prime time for
... read moreStock market today: SP 500, Dow Jones down, gold price per ounce surge S&P 500 and Dow Jones went down while
gold price per ounce surged. US markets today fell on fears of financial crisis in the Eurozone and the credit rating downgrade in the US, but not quite as much as was being feared. The Standard & Poor's stock
... read moreTraders target $2500 high for bullion “This view will likely now prove to be too conservative: spot gold could drive to $2500
per ounce or higher, albeit on very high volatility.” Goldman Sachs revised up its
gold price forecasts to predict that the metal would trade at $1860 in 12 months'
... read more
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