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Reuters reported that gold prices were down on lower demand for an investment haven.
Reuters reported that gold prices were down on lower demand for an investment haven.
The market news is quoted as saying:
Gold, which hit record highs above $1,920 an ounce just two weeks ago, fell below the psychological level of $1,800. Some fund managers and analysts were thinking prices may need to dip to below $1,700 for the market to rally again.
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