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Wednesday, January 16, 2008 10:47:25 AM

BUSINESS

The Price of Gold Is Moving Higher

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Gold may be worth more than $1,000 an ounce by the end of the year, according to the investment bank Goldman Sachs.

A weak American dollar is one reason more people are investing in gold.

Goldman Sachs said that gold could be worth $1,100 by 2010.

(One ounce is equal to 28 grams.)


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