Recession fears spark new gold rush
Published:
17 November 2008 y., Monday
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Swiss gold trade firm Argor Heraeus says production's been at full capacity for the past five months. As recession appears poised to hit economies around the globe Argor Heraeus bosses believe investors are taking shelter at least partially in gold and other precious metals. On Friday gold fell as the dollar strengthened and oil prices eased but the prospects for gold appear bright on the horizon.
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