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Material | October 16, 2007

Gold to hit 27 year high

The gold value has rise during this year. Gold has rise to a 27 year high in London.
According to the World Gold Council, gold has reached a record of 585.53 metric tons, after gaining 12% last month. Already this year gold has rise up 17%.

Gold for immediate delivery rose 0.9%, to $747.66. Earlier this year gold for immediate delivery reached $748.10, the highest since January 21, 1980.

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