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Gold Rises to Highest Since 1980 as Dollar Slumps on Fed's Cut

By Pham-Duy Nguyen

Sept. 18 (Bloomberg) -- Gold futures rose to a 27-year high read more »
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SAN FRANCISCO (MarketWatch) -- The dollar dropped on Tuesday after the Federal Reserve cut its key fed funds rate by 50 basis points, instead of the read more »
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Federal Reserve Slashes Interest Rate by a Half-Point; Market Soars

WASHINGTON (AP) -- In a bold strike, the Federal Reserve slashed a key interes read more »
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Stocks rose moderately and bonds fell Wednesday as Wall Street extended its rally a day after a half-point rate cut from the Federal Reserve. A mild read more »
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Fallen football star O.J. Simpson, charged with robbery and kidnapping, was released from jail on Thursday after posting a USD 125,000 bail, Bloomber read more »
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Fed's Half-Point Move Likely to Trim Payments on Credit Cards,
Home-Equity Lines, but Offer Scant Relief on Certain Mortgages

Consumers should s read more »
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"The continued weakness of the U.S. dollar against the euro and other currencies is likely to remain the driving force for gold," Dresdner Kleinwor read more »
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SAN FRANCISCO (Dow Jones) -- Meridian Gold Inc.'s board plans to accept a richer offer from Yamana Gold Inc., both companies said Monday, ending mon read more »
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With the consumer confidence surveyed in this September fall beneath the level of 1985 (from 105.6 to 99.8) the U.S. dollar can't hold its position read more »
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NEW YORK (MarketWatch) -- Gold futures dropped Wednesday, as a rebound in the dollar and falling crude-oil prices squeezed demand for the precious me read more »
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Gold held firm on Thursday, supported by the dollar's tumble to record lows against the euro and uncertainty in financial markets ahead of key econo read more »
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Gold Fields Ltd, the world's No. 4 gold miner, sees it net debt rising to nearly $1-billion in the near term, but then returning to the company's p read more »
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LONDON, Oct 1 (Reuters) - Gold hit a 28-year high on Monday as a weaker dollar made the metal more attractive to investors, while platinum aimed at a read more »
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-Anglo American PLC
AAUK 34.31, +0.86, +2.6%) ,which has been selling out of non-core operations in order to concentrate on mining and minerals, M read more »
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The stock market's electrifying response to the dramatic 50 basis point reduction in the Fed Funds rate engineered by Ben Bernanke at the September read more »
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The housing market has a long way to go before stabilizing after the subprime crisis, spelling bad news for consumers in the world's biggest economy read more »
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Metals - Gold down as traders lock in profits after record highs yesterday
October 02, 2007: 12:10 PM EST

LONDON, Oct. 2, 2007 (Thomson Financial read more »
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