Dollar weakness, reaction to ETF propel gold futures past $450/oz.

Nov 30, 2004 | 05:40 AM | Julie Bresnick

Gold futures rose Monday, maintaining a position above $450 an ounce that was prompted mostly by dollar weakness.

The December contract on the Comex division of the New York Mercantile Exchange hit a high of $454.80 an ounce before settling at $453.70, a $4.40-an-ounce gain from Wednesday's close at $449.30 an ounce.....

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