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Gold makes new historic highs as the turmoil in global currencies continue

David Levenstein | May 17, 2010 | 10:19 am Precious Metals Gold 

Last week the gold price hit a new record high despite the European Union's trillion-dollar rescue package.  In US dollars the yellow metal traded above US$1240/oz, and in euro and GBP terms, at €997/oz and £855/oz respectively. Shortly after the...

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