Gold Price Tops $1,700 As Investors Seek Refuge

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.

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BING NEWS:
  • Gold: I'd Love To Be Bullish, But Not At These Levels
    Gold trades above fair value, signaling potential headwinds. Read why TIPS, Treasuries, and commodities are poised for better performance than gold.
    12/11/2024 - 6:13 am | View Link
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