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    gold investing

    Gold Tumbles on Outlook for Economic Recovery

    Investing News Network
    Jan. 04, 2011 03:47PM PST
    Precious Metals

    Bloomberg reports that Gold tumbled the most in six months on speculation that an economic recovery.

    Bloomberg reports that Gold tumbled the most in six months on speculation that an economic recovery.

    The market news is quoted as saying:

    Gold futures for February delivery fell $44.10, or 3.1 percent, to $1,378.80 an ounce on the Comex in New York, the biggest decline for a most-active contract since July 1. Yesterday, the metal rose to the highest settlement ever. On Dec. 7, the commodity reached an intraday record of $1,432.50.

    Click here to access the entire news

    gold investing
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