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. Last Updated: 07/27/2016

Gold Hits All-Time High

Gold prices hit a new all-time high Tuesday, as investors sought refuge in the precious metal to escape a weak U.S. dollar.

December gold futures rose $13.50 to $1,017.80 per ounce on the New York Mercantile Exchange. Gold has now risen in value for the past eight years.    

(MT)