Gold Price Hits All-Time High

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The price of gold has hit an all time high, trading just above $1243 dollars an ounce.

Analysts say investors are turning to gold as a save haven from currency in light of the European dept crisis.

Many believe the European Union's rescue package for Greece is only a short term fix and the value of the euro will suffer because the EU is fighting debt with more debt.

Many on Wall Street say gold will likely continue its strong momentum.

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