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Sunday, October 30, 2011

Gold Jumps 6.8% in Weekly Gain, Silver Prices Soar 13.1%

 

Fine Gold BarsGold futures edged lower Friday, snapping a five-day winning streak, but still registering an explosive weekly gain of $111.10, or 6.8 percent.

Gold prices dipped 50 cents to close Friday at $1,747.20 an ounce in the December futures contract on the Comex in New York. The yellow metal ranged between an intraday low of $1,733.00 and a high at $1,754.00.
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