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Bank of America targets $3,000/oz as gold shatters price record

Gold topped $2,000 an ounce for the first time as a combination of the tumbling dollar and a collapse in real yields sent investors scurrying for alternative forms of protection. On Thursday morning, at 10.06 Swiss time, the price was $2,045, remaining significantly above the 2011 peak of $1,987. Bank…

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