Gold Rises to 27-Year High on Dollar Outlook; Silver Also Gains

Story date: 2007-10-19 06:07:00
Added on: 2007-10-19 21:00:22

Bloomberg - ... its benchmark lending rate half a point to 4.75 percent on Sept. 18 to protect the U.S. from sinking into a recession sparked by losses in securities tied to subprime mortgages. Gold will average ``just over $700 an ounce'' in the second ...


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