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Sunday, December 25, 2011

Gold Marks Modest Weekly Gain as Palladium Soars and Silver Falls

 

Fine Gold BarsIn thin pre-holiday trading, gold rose 0.5% this week despite falling in four of five days. Tuesday's near $21 rally cemented the weekly increase as each of the down days was modest.

On Friday, gold prices declined $4.60, or 0.3%, to $1,606.00 an ounce in the February futures contract on the Comex in New York. Gold reached its highest at $1,615.60 and the lowest at $1,604.00. 
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