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Gold approaches $1,000 an ounce


Sep, 04, 2009 | The Financial Times

The gold price has risen to its highest level in six months, as stock markets waver and investors move to hedge their portfolios against inflation.

The metal hit $992 a troy ounce this week. Analysts at GoldCore, the bullion dealers, said they expected investors to take profits once the price hit the psychological mark of $1,000.

http://www.ft.com/cms/s/2/5919caca-9979-11de-ab8c-00144feabdc0.html