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    gold investing

    Gold Drops as Economic Recovery Curbs Metal’s Investment Demand

    Investing News Network
    Feb. 04, 2011 07:30PM PST
    Precious Metals

    Bloomberg reports that Gold declined on speculation that an economic recovery will curb demand for the metal as an alternative investment.

    Bloomberg reports that Gold declined on speculation that an economic recovery will curb demand for the metal as an alternative investment.

    The market news is quoted as saying:

    Gold futures for April delivery fell $4, or 0.3 percent, to settle at $1,349 an ounce at 1:15 p.m. on the Comex in New York. This week, the price rose 0.5 percent.

    Click here to access the entire news

    gold investing
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