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Gold prices soar to $1,100; other commodities fall
NEW YORK (AP) — Gold prices outshone other commodities Friday, soaring to a new high of $1,100 an ounce, as prices for copper, oil and soybeans fell.
Gold prices have been rallying in recent weeks as investors fear the government's low interest rate policy will undermine the dollar and lead to inflation, even though the Federal Reserve insists inflation will be subdued for some time.
Gold...
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