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Precious Metals
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Re: Why did gold go down today?Gold futures on Tuesday posted a second consecutive session decline,
with profit-taking and strength in global stock markets the key reasons
cited among analysts for the fall in prices. U.S. unrest and tensions
with China continue to feed a bullish backdrop for the gold market,
analysts said. August gold
GCQ20,
-0.10%
fell by $16.30, or 0.9%, to settle at $1,734 an ounce. |
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