Capital Gold Group Report: Gold Up Nearly 2 pct as Dollar Falls after U.S. Jobs Data

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Fri Jun 6, 2008 8:40am EDT


LONDON, June 6 (Reuters) - Gold rose nearly two percent on Friday to $891.15 an ounce as the dollar fell against the euro after data showed a sharp jump in the U.S. unemployment rate.

Spot gold was up at $888.60/888.90 an ounce at 1238 GMT compared with $874.55/875.95 an ounce at the close on Thursday, when it touched $864.45, its lowest level since May 15.

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This page contains a single entry by John Jameson published on June 6, 2008 9:53 AM.

Capital Gold Group Report: Buying Gold in 2008 for Long Term Wealth Preservation -- Ruff Commentary was the previous entry in this blog.

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