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Gold prices sustainable?

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Gold prices sustainable?

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Gold has been trading above the psychologically powerful 1,000 dollars an ounce level, with some analysts talking about it beating last year’s record high at more than 1,030 dollars.

But there were technical reasons for the precious metal’s rise plus the dollar was weak. And a number of commodities experts said they do not believe gold can sustain these prices through to the end of the year.