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Gold Hits New High of $1,035/ounce amid Oil Pricing Rumor (GLD, UDN)
Tuesday, October 6, 2009 - 9:18am | 123Gold has hit a new high this morning at $1,035/ounce. Many attribute this mornings' move as a result of rumors that several mid-east countries have been debating the issue of how to denominate oil internationally. US Dollars have been used for decades but according to an article in "The...