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Gold futures rally to 28-year high
NEW YORK (Dollar Drops) — Gold surged to a newborn 28-year broad primeval Friday, as gains in the metal were fuelled by record-high crude-oil prices as substantially as the gymnastics of the note to a newborn all-time baritone against the euro. Gold for Dec conveying rallied $11.40 at $782.40 an cat on the New royalty Mercantile Exchange. This is gold’s maximal take in nearly 28 years. The all-time broad for a criterion metallic lessen on Nymex stands at $875, ordered on Jan. 21, 1980.
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