Gold: $933.30 an Ounce

Gold Futures Hit All-Time Nominal High

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Tuesday, January 29th, 2008

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Front month gold futures hit another record high this afternoon topping off at $933.30 an ounce during intraday trading and supply concerns from South Africa continue to worry the market.

The precious yellow metal climbed $4.80 an ounce to hit a new all-time high before settling back down to $919.60 an ounce by the end of the trading day.

Gold only looks to go higher.

- luke


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