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Gold’s Banner Day

Nov 24th, 2008 | By Doug Casey | Category: Financial News

Gold hovered around $755 from the far East to the New York open on Friday, but then it was off to the races with a vengeance, rocketing nearly straight up from the beginning to end of the Comex, puncturing $800 and holding through the Globex to close at $801.60, up a stunning $57.00. For the week, gold added nearly 8%, albeit most of it yesterday.