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    gold investing

    Gold Bounces Back as Dollar Retreats

    Investing News Network
    Apr. 11, 2013 11:46AM PST
    Precious Metals

    Reuters reported that gold rallied back from earlier losses this week against a weakening dollar.

    Reuters reported that gold rallied back from earlier losses this week against a weakening dollar.

    As quoted in the market report:

    Gold rose 0.4 percent to $1,564 by 1505 GMT, having fallen to its lowest since April 5 at $1,553.10 an ounce in earlier trade. On Wednesday prices posted their biggest one-day fall since Feb. 20, accelerating losses after news of the Cyprus gold sale plan.

    To view the whole Reuters report, click here.

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