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    Tuesday, November 10, 2009

    Gold Rises As Dollar Hovers Near 15-month Lows

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    By Nick Godt
    MarketWatch Pulse
       

      NEW YORK -- Gold futures finished higher on Tuesday, as slight dollar gains failed to lift the U.S. currency far off from 15-month lows, while worries about the UK's credit rating lifted gold's appeal as a safe asset. Gold for December delivery gained $1.10, or 0.1%, to finish at $1,102.50 an ounce. On Monday, the contract finished above $1,100 for the first time, after hitting an intraday record high of $1,111.70 in electronic trading.

       

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