Gold Extends Decline as U.S. Retail Sales Advance, Easing Economic Concern

Bloomberg reported that slower demand for gold as an investment haven caused prices to fall for a second day.

The market news is quoted as saying:

Gold futures for December delivery fell $13.80, or 0.8 percent, to $1,737.70 an ounce at 11:04 a.m. on the Comex in New York.

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