Gold Rebounds as It Heads for 11th Year of Gains
By MATT DAY NEW YORK—Gold rebounded Friday on the last trading day of 2011, as December's month's steep declines drew some opportunistic buyers back to the rattled market. The most actively traded gold contract, for February delivery, recently traded …
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Gold falls for 6th straight trading day
Many investors bought gold as a way to protect against inflation. Many traders think gold has become overpriced. Gold was trading near $ 1900 an ounce as recently as September. Now a growing US economy has lured traders to put money back into riskier …
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Stocks Hover Near Highs; Royal Gold Rebounds
Meanwhile, the S&P 500 rose 0.8% and the Nasdaq gained 0.7%. Volume continued to track lower on both exchanges. Leaders either up or down in heavy trading were hard to find. Royal Gold (RGLD) bounced back from earlier losses and rose a fraction. …
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