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Gold falls as dollar strengthens; silver drops to one-year low
September 5, 2008 @ 1:26 pm In Silver Market News
Bloomberg.com reports silver fell to its lowest in a year while gold fell as the dollar strengthened.
The dollar gained against the euro even as reports showed the U.S. unemployment rate rose to a five-year high last month and foreclosures in the second quarter accelerated to the fastest pace in three decades. Gold has declined 22 percent from a March 17 record of $1,033.90 an ounce.
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[1] link: http://www.bloomberg.com/apps/news?pid=20601012&sid=af4lWXZKaJF4&refer=commodities
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