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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.
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