Sunday, January 13, 2008

Gold hits record; Asian stocks steady (Reuters)



Traders watch the morning board on the New York Stock Exchange trading floor, 08 January 2007. Nerves on Wall Street are being frayed by high volatility as investors face the possibility of a US recession that could mean a bear market, or for some, a buying opportunity.(AFP/File/Timothy A Clary)Reuters - Gold hit its latest record on Monday,
approaching $900 an ounce as investors sought protection
against a potential U.S. recession and a weaker dollar, with
Asian stocks steadying after recent sharp losses.




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