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Reuters reported that gold prices were down because the Federal Reserve provided little information on monetary easing.
Reuters reported that gold prices were down because the Federal Reserve provided little information on monetary easing.
As quoted in the market news:
Spot gold was up 0.5 percent at $1,625.95 an ounce at 1328 GMT, off an earlier low of $1,612.64 an ounce, while U.S. gold futures for August delivery were down $6.90 an ounce at $1,627.30.
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