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Sunday, May 27, 2018
U.S. debt crisis

Gold 1600: Debt Ceiling Showdown and Euro Crisis Send Precious Metal Price Skyrocketing

Fears that the U.S. will default on its loans if Congress doesn’t raise the debt ceiling combined Monday with anxiety about the Euro-zone debt crisis to drive the price of gold past $1600 for the first time in history: At $1600.40 an ounce, gold has risen by nearly 8% since the start of July. Economists […]

July 18, 2011