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Gold hits new record high of $1,090 an ounce
Wednesday November 4, 2009, 8:31 pm

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LONDON (AFP) - The price of gold leapt to a record peak of 1,093.10 dollars an ounce in trading here on Wednesday after the International Monetary Fund announced a massive sale of the metal to India.

Gold had already reached a record high of 1,087.80 dollars on Tuesday as the IMF said it had sold 200 tonnes of gold to India's central bank over a two-week period last month for 6.7 billion dollars to bolster its finances.
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