Thursday, September 18, 2008

Unprecedented Financial Crisis Sparks Gold Rush

NEW YORK (MarketWatch) -- Gold futures closed up $70 an ounce Wednesday, the biggest daily gain in dollar terms in more than two decades, as news of the U.S. government's takeover of the largest U.S. insurance company fueled massive safe-haven buying.Concerns also built up after a run on a popular money-market fund.

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