Gold at 16-year high
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Gold rose to a new 16-year high in London on Thursday as the dollar fell to a record low against the euro, increasing the appeal of the US denominated commodities as a hedge against declines in US asset prices.
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A sickly dollar lifted gold to a fresh 16-year high this week, just as a newly launched exchange-traded fund offered individual investors a new way to own the gleaming asset. But Wall Street experts, less than unanimous about its prospects, are divided about what sort of role gold should play in your portfolio.
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Gold and platinum both hit fresh record highs, lifted by expectations of a cut in US interest rates.
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ATHENS, Greece - His quest to surpass Mark Spitz out of the way, Michael Phelps got back to winning gold. The 19-year-old from Baltimore claimed his second gold medal of the Athens Games in the 200-meter butterfly Tuesday night, though he was a bit disappointed at failing to break his own world record...
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Gold medals at these Olympics will be more evenly distributed than at any since 1952.
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Gold soared to record highs above $900 an ounce on Monday as equities struggled for gains and the dollar fell.
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Gold hit another record high on Monday and may touch the psychological level of $900 an ounce soon as uncertainty in financial markets and expectations of aggressive U.S. rate cuts raised its safe-haven appeal.
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Gold was on track for its biggest yearly gain since 1979, with prices hovering on Monday about $10 away from its historic highs.
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Gold hit another record high above  $898 an ounce on Monday on speculative buying as uncertainties  in financial markets and expectations of aggressive U.S. rate  cuts raised the metal's safe-haven appeal.
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Gold was within reach of its highest level in nearly 16 years on Monday, fired by a resurgent euro and inflationary fears fanned by sky-high oil prices, dealers and analysts said.
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As gold nears a multiyear high, you can pan for some smaller stocks that are well off their highs.
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Gold rallied to its highest level in more than seven weeks on Monday, hovering near a record high of $850, on a weak U.S. dollar and tensions in Pakistan after the killing of politician Benazir Bhutto.
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Gold climbs to its highest level since May 2006, with investors seeing the metal as a safe haven in an uncertain market.
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Gold hit a 28-year high in Europe on Friday as the dollar's continued slide to record lows versus the euro raised the metal's appeal to speculative investors.
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American swimmer Michael Phelps grabbed a fourth gold at the Athens Olympics Thursday with a clear victory in the 200 meters medley and gold for 16-year-old gymnast Carly Patterson leveled the US with China at 14 each.
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TEENAGE boxing sensation Amir Khan kissed his Olympic silver medal - and vowed to grab a gold in four years. The 17-year-old lightweight star said he would resist the big-money offers and stay amateur.
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Platinum, used in jewellery and auto  catalysts, jumped to another record high above $2,000 an ounce  on Monday, on lingering power supply which disrupted mining in  main producer South Africa.