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Gold Above $910
January 25, 2008

Gold Rises Further in Afternoon Trading

Gold drove above $910 in this afternoons trading, marking a new high, While Platinum broken the $1600 mark and silver rose to nearly $16.40 as of this posting.

Speculation that the Fed will again slice interest rates next Tuesday seems to be a central concern in the present investor driven push. Fund managers may be looking at the broader indicators evident in some overseas markets. Either way, the attitude that gold will reach $1000 is prevalent.

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About the Author
Tom Michael has been Krause Publications primary market analyst on more than 80 world and United States coin catalogs produced over the last 20 years. He came to KP in 1987 with a bachelor of arts degree in history, a master of arts degree in economics and a history of coin collecting stretching back to the 1960s. He began collecting world coins as a child by asking friends and relatives to bring coins back from overseas trips, visiting flea markets and having his mother watch for foreign coins in her register at the local grocery store. Today he works with a dedicated base of over 200 contributors to provide accurate market values for the five-volume Standard Catalog of World Coins series, as well as many specialty catalogs, including Coins & Currency of the Middle East and the fifth edition of Unusual World Coins.

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