| From Maktoob.com: Gold prices have risen about 25 percent this year, reaching a record high of $1,387.35 an ounce on October 14. The precious metal had touched all-time highs in eight out of the last 10 trading sessions leading up to last Thursday, fuelled by a decline in value of the U.S. dollar.
The recent rally is the icing on a meteoric rise in the value of gold, viewed as a hedge against inflation and dollar depreciation, over the past 10 years..............................................Full Article: Source
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