GOLD

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Sputtering Global Economy Keeps Gold Near $1,900

Gold rallied almost 2 percent to a record near $1,900 an ounce on Monday as a sputtering global economy boosted expectations for further monetary easing, raising bullion's appeal as a hedge against inflation.
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Felix of the U.S. celebrates after winning the women's 400 metres event at the Golden Gala IAAF Diamond League at the Olympic stadium in Rome

Felix Challenges Not Limited to Track

U.S. sprinter Allyson Felix should be mentally and physically ready to face some of the fastest women on the planet when she goes for 200 and 400 meters gold at the World Championships but it is how she handles the moments away from track that could determine her success.
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Analysis: Gold Shines As Swiss Franc Fades

Moves by the Swiss National Bank to curb strength of the Swiss franc will fuel investors' insatiable demand for gold, adding to its relentless rise to new record highs as confidence in the franc as a safe store of value dwindles.
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Silvercorp Unit Buys 2 Chinese Miners

Canadian miner Silvercorp Metals Inc said its majority unit agreed to buy a 90 percent stake in two Chinese mining companies for $4.3 million in cash.
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Gold Price Just $2 Shy of Record High $1,900

The price of gold early Monday came within $2 of a record high $1,900 per ounce before settling back to 1.2 percent gain over Friday's closing price as a host of global economic worries drove investors into the security of the world's oldest form of money.
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Surging Gold Mining Company Stocks Lift London Exchange

Miners helped Britain's bruised FTSE 100 stage a recovery on Monday, with Randgold Resources boosted by bullish gold prices and broker comment, and Anglo American up as it considered a bid for Australia's Macarthur Coal.
Rocket shoots skyward

Gold Near Record High $1,900

Gold prices rallied toward $1,900 an ounce on Monday as concerns over the global economic outlook fueled interest in the precious metal as a haven from risk and due to talk that weak U.S. growth could spark a further round of monetary easing.
Oldest Fossils on Earth

Scientists Find World's Oldest Fossils

Researchers have discovered fossils of microbial organisms that were living on Earth 3.4 billion years ago. Earth's oldest fossils have been found in Australia by a team from the University of Western Australia and Oxford University. The microscopic fossils show convincing evidence for cells and bacteria living in an oxygen-free world over 3.4 billion years ago.
A trader works on the floor of the New York Stock Exchange

Stock Index Futures Signal Rebound; Europe Posts Gains

Stock index futures pointed to a slightly higher open on Wall Street on Monday, with futures for the S&P 500 up 0.61 percent, Dow Jones futures up 0.55 percent and Nasdaq 100 futures up 0.73 percent at 3:44 a.m. EDT.
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Brent Crude, U.S. Oil Fall on Hopes of Libya Flow

Brent crude dropped more than $3 on Monday to below $106 a barrel, while U.S. oil fell more than a dollar to below $82, on the potential for a resumption of exports from OPEC-member Libya as a six-month civil war there appeared close to an end.
A man walks past an electronic board displaying share prices in Tokyo

European Stocks Poised to Fall as Gold Hits $1,878

European stocks looked set to extend four weeks of losses Monday, tracking jittery Asian shares lower, while gold shot to new highs as investors worried about the sluggish U.S. economic outlook and Europe's festering debt crisis.

Asian Stocks Rebound; Gold Hits $1,878

Asian stocks turned positive on Monday, recovering a small portion of last week's steep losses, while gold shot to new highs as investors worried about the sluggish U.S. economic outlook and Europe's debt crisis.
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Vogue in Hot Water for 'Slave Earrings' Ad

Fashion magazine Vogue's Italian Edition, which ran a picture ad under the title Slave earrings, is facing heavy criticism from internet community which calls it disgraceful to glamorize slavery, and is demanding an apology from Vogue to black women.
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Indian Gold Buyers May Scale Back Purchases - Analyst

Gold buyers in India, the world's largest consumer of the yellow metal, are investing in it on expectations prices may rise, but imports are likely to fall as limited budgets buy less gold, the head of India's biggest importing bank told Reuters on Saturday.

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