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Bloomberg reports that gold and silver futures tumbled the most in three weeks as the dollar climbed.
Bloomberg reports that gold and silver futures tumbled the most in three weeks as the dollar climbed.
The market news is quoted as saying:
The greenback rose for the third straight day against a basket of six major currencies on speculation that an extension of tax cuts will spur the U.S. economy. Gold has gained 26 percent this year, reaching a record $1,432.50 an ounce yesterday.
