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發表於 2009-5-20 22:26:26
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Gold rises on weakening dollar, inflation concerns
Gold futures rose Wednesday to near $940 an ounce, as the U.S. dollar dropped against the euro for a third straight session, increasing gold's investment appeal.
Concerns over long-term inflation also helped gold move higher, as investors tend to buy the metal as a hedge against rising prices. Traders were also awaiting minutes from the Federal Reserve's last meeting, due for release at 2 p.m. NY time. |
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