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Gold Overcomes Greenback's Rise

Stock quotes in this article: SLX , IAU , GLD , NEM , ABX , X  

Updated from 12:59 p.m. EST

Renewed interest from investors took gold to multimonth highs Friday, despite a stronger U.S. dollar.

The spot price for bullion recently hit $666.70, the strongest since mid-July when it briefly pierced the $670 level. It's now within 9% of last May's peak of $725.75.

Futures prices rallied similarly, with contracts for April delivery of gold closing up $9.50 at $672.30 an ounce on the Comex division of the Nymex. The bullion exchange-traded funds that own stocks of gold bars were also up, with the streetTracks Gold Shares (GLD Quote) and iShares Comex Gold Trust (IAU Quote) both climbing 1%. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
Data delayed 20 minutes

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