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U.S. Gold Hits Record High

The Gold is getting hotter by the day. In US the gold has hit a record high price of above $1300 an ounce. Thanks to the failing markets and low confidence in market, people are now turning to Gold for refugee. Investors are now eying the Gold for their investments. This is increasing the demand and shooting the price up. ... Read More »

Russia Cancels Arms deal with Iran

Iran Thursday regretted Russia’s decision to cancel an arms deal with the Islamic republic, ISNA news agency reported. The Kremlin announced Wednesday that Russian President Dmitry Medvedev cancelled a planned arms deal with Iran because of the United Nations Security Council sanctions against the country. The presidential decree forbade the transfer of tanks, artillery, war ships, helicopters and missile defence ... Read More »