Since the September 2009 low of $992 per ounce, gold prices have shot up 20% to $1,193 per ounce as of 26 November 2009, on hopes that central banks would purchase more gold to hedge against a falling dollar. Gold prices were also on an uptick due to fears over inflation in the year 2010. There is speculation that almost every country is keen to increase gold reserves by buying the yellow...

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