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Gold futures surge to near $1,700 as investors seek safe haven

Frik Els | August 07, 2011 | 11:33 pm Precious Metals Europe Gold 

Gold futures surged as much as $45 in Tokyo trade on Monday to a record $1,697.70 an ounce on demand for an investment haven and bad news from the US and Europe continued to pile up. The dollar slumped following...

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