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Gold Eases Further on Strong Economic Data
July 25, 2013
6:43 am
Harrey Martin
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Forum Posts: 74
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May 8, 2013
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Spot gold had dropped 0.09 percent to USD 1,319.46 an ounce by 0008 GMT. It fell 2 percent on Wednesday as signs of continued economic recovery prompted funds to exit the bullion market after the metal hit a one-month high earlier in the day.

Gold extended losses on Thursday after falling 2 percent the session before as robust economic data from the United States and Europe dented its safe-haven appeal.

Fundamentals

Spot gold had dropped 0.09 percent to USD 1,319.46 an ounce by 0008 GMT. It fell 2 percent on Wednesday as signs of continued economic recovery prompted funds to exit the bullion market after the metal hit a one-month high earlier in the day.

Read more: http://bizcovering.com/busines…..omic-data/

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