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Reuters reported that gold prices dropped as US jobless claims also fell.
Reuters reported that gold prices dropped as US jobless claims also fell.
As quoted in the market news:
Spot gold was down 0.9 percent at $1,638.51 an ounce at 1318 GMT, having earlier touched a low of $1,625.89. U.S. gold futures for June delivery were down $15.10 an ounce at $1,638.90.
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