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Business Briefing / Metals

Sales of gold coins quadruple

February 11, 2009|TIMES WIRE SERVICES

Sales of 1-ounce American Eagle gold coins more than quadrupled in January from a year earlier, the U.S. Mint said.

The mint sold 92,000 of the coins last month, compared with 22,500 in January 2008. An Eagle cost $953.40 on Monday, $58.85 more than the per-ounce spot price of gold.

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