Gold leads metals race on N.Y. runways
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Loose, billowy dresses and short skirts are among the trends emerging in the early days of New York Fashion Week. Metallics still have a presence on the runway, and the favorite colors all seem to be a variation of sand.
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Gold rose on Tuesday and held near an historic high hit the previous day, reflecting investors' interest in the metal as the dollar dropped on expectations of half-percentage-point cut in U.S. rates.
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U.S. gold futures rose to a 28-year high in screen trade on Tuesday, after the Federal Reserve slashed the benchmark interest rate by a half-percentage point in a bid to boost the economy.
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NEW YORK/LONDON  - Gold erased early gains to end lower in New York on Friday as investors locked in solid gains this week after prices surged to record highs on inflation fears and as the dollar slumped.
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Australian Suzy Walsham took up staircase running to win a trip to New York, and captured the top prize on Tuesday after racing 1,576 steps up the city's tallest skyscraper at the Empire State Building Run-Up.
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Traders awoke Thursday to find a new gold-backed security, StreetTracks Gold (GLD:NYSE - commentary - research), trading on the New York Stock Exchange under symbol GLD.
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If fashion mirrors a national mood, this week's catwalk extravaganza in New York will reflect the spirit of strong, confident women, observers predicted.
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Gold and platinum prices soared to record highs Friday after mine stoppages in South Africa, a leading producer of the precious metals, fed buying on supply concerns.
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The global flight from risk knocked precious metals again on Friday, with gold falling below $650 an ounce for the first time in three weeks as shaky global stock markets prompted investors to reduce positions in commodities.
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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 futures hit a 16-year high Monday, continuing a bull run that has gold companies &quot;living the dream,&#39;&#39; according to one industry analyst.
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TONY EASTLEY: While Australia won more gold overnight in the cycling as well as a silver in a thrilling finish in the women&#39;s triathlon, it&#39;s fair to say that all eyes were on the efforts of Jana Pittman this morning in the women&#39;s 400 metres hurdles.
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Gold hit its highest level in more  than 16 years on Tuesday as a steadier dollar failed to cool  worries over the currency's outlook, while Asian stocks gained  modestly after a solid performance on Wall Street.
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The price of gold shot to a record 927.77 dollars here Monday as investors looked for safe havens from financial market turbulence and in response to stoppages at mines in South Africa.
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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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NEW YORK, December 23  - The worldâs largest gold producer Newmont Mining (NEM.NYS) admitted yesterday that it had released 17 tons of waste mercury into the air, and another 16 tons into the water over a period of five years from its
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Gold gained more than 1 percent to   above $593 an ounce on Tuesday, tracking higher crude oil   prices and a weaker dollar, but trading may be cautious ahead   of the release of key U.S. data.