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(Image from article: "NewsWatch: Gold hits new record above $1,100")

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NewsWatch: Gold hits new record above $1,100

NewsWatch: Gold hits new record above $1,100

Gold futures barrel to a new record high above $1,100 an ounce, as news that the U.S. unemployment rate topped 10.2% in October boost expectations the Federal Reserve will keep interest rates near zero well into next year, pressuring the dollar.

 

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