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Gold Prices Finish Week 2.5% Higher Trend Prices
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Gold Prices Finish Week 2.5% Higher Trend Prices
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Gold prices finished the week up a robust 2.5 percent on brighter prospects for developed economies and increasing purchases from Asian buyers.
The Commerce Department issued a surprisingly strong retail sales report for September, sales of Apple's new iPhone were torrid and Google led the stock market higher after a stellar third-quarter earnings report. The Dow Jones Industrial Average ended the day up 1.45 percent and the S&P 500 closed higher by 1.74 percent.
In Europe investors took heart from a two-day meeting of financial leaders from the world's 20 biggest economies. Officials were focused on saving European banks and preventing sovereign debt defaults. ....READ MORE
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