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Gold Price Breaks Record High Of $1,800 Per Ounce, Headed Towards $2,500 Per Ounce - Reports Certified Gold Exchange

The gold spot price has surpassed $1,800 per ounce as global economic fears escalate. As a result, the Certified Gold Exchange and J.P. Morgan Chase & Co. have updated their 2011 gold price projections to $2,500 per ounce.