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Speculators bet on $1,000 gold by April
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Tuesday, February 10, 2009
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Gold speculators are betting gold will hit $1,000 an ounce by April. Open interest in options that allow the owner to buy gold for $1,000 by April increased 24% this year to 9,934 contracts, up from 8,005 at the beginning of the year.
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Topics:
Gold
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Commodities
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Options
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