Gold Rises Most in a Week on Middle East, South Asia Tensions Crude Oil Could Be on Way to $20 a Barrel: Gulf CEO Pakistan says no war with India, US leads diplomatic efforts
Gold prices rose the most in a week as mounting tensions in the Middle East and South Asia boosted the appeal of the precious metal as a haven.
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The steep drop in oil prices may not be over yet, says the CEO of Gulf Oil.
Pakistan again said on Saturday that it does not want war with India, as the international community tries to defuse tensions between the nuclear-armed neighbours after Islamabad moved troops to the border.
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Saturday, 27 December 2008
Posted by Britannia Radio at 13:56