Spot gold hits new 6-year peak on sagging dlr, Iraq


NEW YORK, Jan 24 (Reuters) - Spot gold shot to six-year highs on Friday as fears of looming war in Iraq attracted heightened interest in the safe-haven metal, while the U.S. dollar weakened and blue-chip stocks sank, dealers said. Spot was quoted at $369.10/9.90 an ounce at 1330 EST, after touching a high of $369.80, its highest mark since December 1996. Bullion earlier fixed in the London afternoon session at $366.00 an ounce, its highest fix level since January 2, 1997, and up from the ...

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