Price Of Gold Hits $1,100 An Ounce For First Time Ever - Congoo

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Price of gold hits $1,100 an ounce for first time ever

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Malaysia Sun | November 07, 2009

Gold rose to a record high Friday after U.S. unemployment topped 10%. The price of U.S. Treasuries also rose while the dollar drifted. A Labor department report released Friday said unemployment in October was recorded at 10.20%, its highest reading in since 1983. The report surprised analysts who h...

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