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IPFS News Link • Currencies

Gold Closes Above $1,020 For First Time

• RTT News
 December-stamped gold finished at $1,020.20 per ounce, up $13.90 on the session. Prices hit as high as $1,023.30.

The dollar continued its decline versus the euro, falling to its lowest level in almost a year. Gold most often moves opposite the dollar because of the precious metal's hedge appeal.