Gold rises to record 1,600/ounce

19th July 2011, Comments 0 comments GENEVA, SWITZERLAND - The price of gold, like the Swiss franc, continues its meteoric rise, reaching the record price of 1,600 an ounce as worries grow about the US debt ceiling negotiations and sovereign debt in several European countries. One-ounce gold US eagle coins are selling like hotcakes in New Orleans, reports USA Today. By [...]

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