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Reuters reported that gold prices dropped after heavy trading volume, breaching a key support.
Reuters reported that gold prices dropped after heavy trading volume, breaching a key support.
As quoted in the market news:
Spot gold was down 1.9 percent at $1,673.19 an ounce by 11:08 a.m. EST (1608 GMT), having earlier hit a six-week low of $1,663.95. U.S. gold futures for April delivery fell $29.70 to $1,674.20.
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