Bloomberg Originals
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Gold at Record Still Below Inflation-Adjusted 1980 High: Video
Posted
March 23, 2012
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March 23, 2012
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1:29Now PlayingOct. 19 (Bloomberg) -- Golds rally to a record means prices are still 53 percent below the 1980 inflation-adjusted peak. While gold rose 19 percent this year to $1,072 an ounce on Oct. 14, consumer prices almost tripled in the past three decades, eroding the metals value. Bloomberg's Monica Bertran reports. (Source: Bloomberg)
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