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Gold Prices Spike as Global Fears EscalateNEW YORK (TheStreet ) -- Gold prices reversed directions Thursday, falling from record highs as spooked investors took profits. Gold for December delivery closed down $7.30 to $1659 an ounce at the Comex division ... read more
Playing the Surging Price of Gold
Gold prices could decline on profit-taking, but it seems unlikely given current economic conditions, and the emergence of central banks as major buyers. These put sales are good for investors who want to cost-effectively build a position in gold. ... read more
Alamos Q2 profit rises on higher gold prices, backs FY view
Aug 4 (Reuters) - Alamos Gold posted a 63 percent rise in second-quarter profit as higher realized gold prices offset lower production at its flagship Mulatos mine in Mexico and said it was on track to meet its full-year output target. ... read more
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