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Make Money Blog$,Gold broke through its 50-day moving average on Tuesday, hitting $1,515 an ounce as the global economy grapples with an uncertain outlook given the budget debate in the U.S. and increasing sovereign debt woes in Europe. One fund manager has leveraged his position and is 120% invested in gold equities, calling $1,700 the high for the year and, after a volatile six months, sees the yellow metal closing the year at $1,600.
