Gold Rises as Dubai Bailout Weighs on Dollar (GoldCore Quoted)

15 December 2009  CNBC

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Gold prices made a moderate advance Monday after news that Abu Dhabi agreed to back some of Dubai's debt pressured the dollar and lifted higher-yielding currencies such as the euro.

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"With the gold:silver ratio at 65...silver remains a compelling buy at these levels and will likely be the surprise outperformer in 2010, as it was in 2009," bullion dealer GoldCore said in a note.

http://www.cnbc.com/id/34409804