Gold Nears Another 27-Year High, Silver Also Soaring
- Written by Marc Courtenay
- Tuesday, 16 October 2007
On October 11th gold prices continued skyward with an $11 per ounce increase to over $751, continuing a remarkable pace since August. Since dropping below $650 an ounce on August 17th, gold's price has increased almost 16%. Silver, which hit $11.50 an ounce in August, has recently traded as high as $13.85, over a 20% increase in less then 3 months.
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