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4.20.2011

Gold Tops $1500 In "Flight To Quality" -New York Times

PARIS -- The price of gold rose above $1,500 an ounce on Wednesday for the first time ever, pushed higher by investor concerns about global inflation, government debt and turmoil in the Middle East.
Other precious metals, like silver and platinum, have also experienced a recent surge in prices on what analysts call a flight to quality, when uncertainty about the economic and political outlook pulls investors into assets that are perceived to be safest.   Click Here To Read more