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Reuters reported that the US dollar’s increase in relation to the euro caused gold prices to slip.
Reuters reported that the US dollar’s increase in relation to the euro caused gold prices to slip.
As quoted in the market news:
Spot gold was down 0.3 percent at $1,609.90 an ounce at 1440 GMT, having earlier risen as high as $1,616.50. Prices are well off the record $1,920.30 an ounce they hit in early September, but remain up 13 percent on the year.
