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The price of gold hit an all-time high Tuesday, with futures for the precious metal surpassing US$875 an ounce.
On the New York Mercantile Exchange, an ounce of gold for February delivery peaked at US$879.40.
Prices later dropped slightly to $877.20, but still marked an increase of $15.20 during morning trading.
The previous record was set in 1980 when gold hit $875 an ounce, The Canadian Press reports.
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