Gold prices may rise


SEATTLE: Gold may rise for the first week in three on concern high oil prices will slow the US economy and boost the appeal of precious metals as an alternative investment to stocks, a Bloomberg survey showed. 

Nineteen of 43 traders, investors and analysts surveyed from Sydney to New York on Sept 2 and Sept 3 advised buying gold, which fell 0.7% to US$402.50 an ounce in New York last week. 

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