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Analysts: Gold's Record Highs Tied To Dollar's Low

by John Ydstie, NPR
October 7, 2009

The price of gold hit an all-time high Wednesday for the second straight day. The dollar's decline has been one of the main factors behind gold's rise. Analysts say many investors are buying gold as a hedge against the possibility of further declines in the dollar.

Broadcast Dates

  • Morning Edition, October 7, 2009
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