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Gold rises as global growth concerns hit dollar, shares
Imaduddin
13 Oct, 2014
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Copyright Reuters, 2014
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![](https://i.brecorder.com/images/2014/10/gold1.jpg">LONDON: Gold prices rose on Monday as the dollar fell and worries over the global economic outlook hit investors' appetite for risk, lifting the appeal of assets perceived as safer.</P><P>Spot gold rose to a near four-week high of $1,237.30 an ounce and was trading up 0.4 percent at $1,227.90 at 0945 GMT. It posted its biggest weekly gain in four months last week, up 2.7 percent. U.S. gold futures hit their highest since Sept. 17 at $1,238 an ounce earlier.</P><P>)
