Gold rises 3 pct as commodities rebound, dollar falls

Gold prices jumped over 3 percent on Wednesday, helped by a fall in the dollar and as other commodities such as metals and oil rebound, traders said.

Spot gold rose as high as $767 an ounce and was at $760.10 an ounce by 1237 GMT versus $744.30 an ounce late in New York on Tuesday.

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- Posted: 2008-10-29 09:31:03

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