The price of gold streaked past $1,700 an ounce for the first time Monday. Investors, beset by worries about the U.S. debt downgrade, Europe's financial crisis and slowing global growth, sought safety in the metal as stocks tumbled around the world.
Gold Price Tops $1,700 As Investors Seek Refuge
Tali Arbel, AP Business Writer, Boston Globe: Business
Mon, 08/08/2011 - 5:44am
Sections: business
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