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Gold set to reach $US850/oz soon

ANALYSTS believe the price of gold could push past its record high of $US850 per ounce early this year, spurred along by the recent assassination of Pakistan opposition leader Benazir Bhutto.

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The precious metal's safe haven status continues to curry favour with investors as the volatility of 2007 looks set to persist in 2008, with February delivery of gold reaching a near 28-year high of $842.70/oz...

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