Thursday, September 22, 2011

Gold, Silver Plummet, U.S. Dollar Hits 7-Month High

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DG365FD46564GFH654FU898 Gold and silver futures plummeted Thursday as the U.S. dollar surged higher on heightened fears over a global recession and the sovereign debt crisis in Europe. COMEX gold for December 2011 delivery settled lower by $74.20, or 4.1%, at $1734.10 per ounce.



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