SINGAPORE (Reuters) - Gold rallied to its loftiest level in nearly three decades on Monday as speculative buying gained pace after crude oil struck a record high on tensions in the Middle East and the U.S. dollar tumbled to an all-time low.
From: in.news.yahoo.com
Gold scores 28-year on record-high oil, eyes $800
Posted by Ruslan Abuzant at 10:07 PM
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A “Federal Reserve Note” is not a U.S.A. dollar. In 1973, Public Law 93-110 defined the U.S.A. dollar as having the value of 1/42.2222 fine troy ounces of gold.
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