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Gallup: Family of four needs an average $58,000 a year
NEW YORK, Jan. 11 (UPI) -- The price of gold fell Friday in New York, falling after a one-day reprieve from a five-day losing streak.
Gold prices dropped for the sixth session out of the past seven, losing most of Thursday's gains as it gave up $15.70 Friday and settled at $1,662.30 per troy ounce on the Comex division of the New York Mercantile Exchange.
Silver lost 48 cents, 2 cents more than Thursday's advance, settling at $30.44 per ounce.
The dollar index, which measures the U.S. dollar against six other major currencies on a pro-rated scale, declined 0.3 percent to 79.55 on the International Exchange.
Against the dollar, the euro rose to $1.3343 from Thursday's $1.3269. The dollar was higher at 89.19 yen from 88.78 yen.
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TEHRAN, May 21 (UPI) --
Iran will invest $16 billion in development of the offshore South Pars gas complex over the next 10 months, a natural gas company director said.
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RIO DE JANEIRO, May 20 (UPI) --
Sweden's Saab is upgrading its bid for Brazil's FX-2 jet fighter purchase plan, even as it weighs challenges from rivals Boeing and France's Dassault.
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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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