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Article: DIGEST.(BUSINESS)
- Article from:
- The Wisconsin State Journal (Madison, WI)
- Article date:
- October 31, 2009
CopyrightCOPYRIGHT 2009 Capital Newspapers. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: State Journal staff, wire services
COMMODITIES Gold and copper fell as the dollar rebounded Friday but still managed to finish the month with big gains. The dollar rose against other currencies as investors sought shelter in safe assets like cash and Treasurys as stock prices tumbled.
On Friday, gold for December delivery fell $6.70 to $1,040.40 an ounce on the New York Mercantile Exchange. Prices fell 1.5 percent this week, but ended the month up 3.1 percent.
December silver dropped 40 cents to $16.255 an ounce. December copper fell 7.4 cents to $2.9555 a pound. Copper logged a 4.8 percent gain for the month.
December wheat ...