Gold Extends Rally to Record as Dollar Slumps; Silver Climbs

Gold reached $1,062.70 an ounce, the highest ever. Before today, the metal gained 18 percent this year, heading for the ninth straight annual gain, while the dollar dropped 6.3 percent against a basket of six major currencies. The metal will probably top $2,000 in the next decade, investor Jim Rogers said yesterday in an interview on Bloomberg Television.

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