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| June 17, 2008 | Tuesday | Jamadi-us-Sani 12, 1429 |
Gold rises
LONDON, June 16: Gold rose in Europe on Monday as the dollar weakened against the euro and as oil prices steadied after earlier losses, with traders expecting rising fears over inflation to give the precious metal its next leg up.
Gold rose to $875.40/876.40 an ounce up from $869.00/870.00 an ounce late in New York on Friday.—Reuters
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