LONDON (AP) -- Gold reached a new 16-year high Monday in London as the dollar sank to a record low against the euro and was lower against most other major currencies in European trading.
Analysts said the gyrations were fueled by worries over the large U.S. budget deficit and fears of increased international tensions following the re-election of U.S. President George W. Bush.....
complete article: http://biz.yahoo.com/ap/041108/dollar_gold_4.html
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