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Beef recall announced over E. coli fears
NEW YORK, Sept. 6 (UPI) -- Gold topped $1,700 a troy ounce Thursday on the Comex division of the New York Mercantile Exchange, gaining for the fourth consecutive trading session.
Gold rose along with equities as the European Central Bank's bond buying program, announced in the morning, found favor among investors.
Gold added $9.70 to close at $1,703.70 a troy ounce while silver added 37 cents to $32.70.
The dollar index fell 0.16 percent to 81.11.
The Canadian dollar fell to 99.28 cents and the British pound rose to $1.5934 while the euro rose to $1.2634 and the dollar rose to 78.88 yen.
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| Additional Business News Stories | |
LONDON, June 19 (UPI) --
An oil company working in northern Iraq said Wednesday it was looking to confirm the region may be one of the best in the world in terms of resource potential.
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SAO JOSE DOS CAMPOS, Brazil, June 19 (UPI) --
Brazilian aircraft maker Embraer hopes to continue building up its sales of private jets at the same time as it expands capacity in defense, security and tactical transport.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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