Friday, May 05, 2006

 

Gold Rises to 25-Year High as Standoff With Iran Spurs Buying


Gold Rises to 25-Year High as Standoff With Iran Spurs Buying
May 5 (Bloomberg) -- Gold rose to a 25-year high in New York as increased tension between Iran and the U.S. spurred investors to buy the precious metal as a haven and a hedge against inflation.

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