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Hello my name is Chuck Dougherty and this is the Spot Gold Prices Daily Wrap-up.
The Spot Gold prices for Friday the 24th of January saw Gold prices opening at around
$1,259.00.
Today was another good day for gold prices. With the global stock markets hitting rough
times, China's growth slump and the dollar index in trouble, gold rose all the way up
to a high of around $1,270.50. The low price for the day only went down to the low of around
$1,257.00 and that was in the early morning hours. We ended the short trading day at around
$1,270.10. This resulted in yet another gain in the price of gold of around $11.10.
If the markets keep stumbling and China's problems persist it will drive even more people
back to gold as a safe haven which will help to propel prices up quickly like it has the
last 2 days.
Thank you for watching this is Chuck Dougherty and this was the Spot Gold Prices Daily Wrap-up
for January 24th, 2014.
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See you in the next Gold prices episode! Until then, take care.