Meltdown 101: Why does $1,000/ounce gold matter? (Newsday)

Sep 8, 2009   //   by Admin   //   Selling Unwanted Jewelry  //  Comments Off

NEW YORK (AP) — Gold prices rose above $1,000 an ounce Tuesday for the first time in seven months, mostly because of a weak dollar that’s driving people to other investments they perceive as safe. How is the increase in price — which has accelerated in recent weeks — likely to affect jewelry shoppers? What about people who invest in gold, or the economy as a whole? Here are some questions and …

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Meltdown 101: Why does $1,000/ounce gold matter? (Newsday)

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