Thursday, February 28, 2008

Gold, Silver, Oil at Record Highs as Dollar Hits Record Low

Feb. 27 (Bloomberg) -- Gold rose to records in London and New York and silver gained to a 27-year high as the dollar's all- time low spurred demand for precious metals as a hedge against inflation. Palladium rose to the highest since 2001. Gold is up 15 percent this year as a US housing slump and turmoil in credit markets led the Federal Reserve

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