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Gold has lost its shine during economic crisis

 
By The Associated Press    Comment on this article Leave a comment
Published: November 4, 2008
photo - Toni Logan Goodrich, co-owner Oxford Assaying and Refining Corp. in Anchorage, Alaska, displays gold flakes, nuggets, and a seven-by-four-inch brick weighing 18 pounds.AP PHOTO
Toni Logan Goodrich, co-owner Oxford Assaying and Refining Corp. in Anchorage, Alaska, displays gold flakes, nuggets, and a seven-by-four-inch brick weighing 18 pounds.AP PHOTO

NEW YORK — For years, investors known as gold bugs snapped up the metal and socked it away, betting that a colossal economic crisis would one day slam financial markets and send gold prices right through the roof.

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Related Topics: Business, Financial Markets, Economic Issues, Commodity Markets, Gold Prices, European Markets, British Markets, Economic Crisis, World Markets, Forex, Metals Markets



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