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Gold hits $1,623 early Monday after weekend debt talks stall

MINING.COM Staff Writer | July 24, 2011 | 11:43 pm Precious Metals Europe Gold 

After a weekend of stalled debt talks, gold rose sharply and hit a Monday morning high of $1,623 an oz before drifting lower. Lawmakers in the U.S.A. spent the weekend trying to resolve negotiations to raise the debt limit and...

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