Gold futures rise, hit 18-month highs (GoldCore Quoted)

17 September 2009  MarketWatch

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Gold futures rose on Wednesday, hitting an 18-month high earlier in the session, as a weakening dollar and expectations of a rebound in the global economy heightened demand for the precious metal as an alternative investment.

"Gold has found its footing in the low $1,000-an-ounce and looks set to launch an assault on the all-time record nominal high," analysts at GoldCore wrote in an email.

http://www.marketwatch.com/story/gold-futures-rally-above-1023oz-as-dollar-falls-2009-09-16