Gold Falls to One-Month Low as Dollar Rises

Reuters Africa reported that a higher dollar helped gold prices fall to a one-month low.

The market news is quoted as saying:

Spot gold was down 0.8 percent at $1,508.30 an ounce by 10:58 a.m. EDT (1458 GMT), having earlier hit a one-month low at $1,504.91. Bullion was poised for its biggest two-day loss in nearly two months.

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