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Bloomberg reported that gold prices could drop as investors may show preference for the dollar.
Bloomberg reported that gold prices could drop as investors may show preference for the dollar.
As quoted in the market news:
Bullion for immediate delivery fell 0.2 percent to $1,577.25 an ounce by 9:14 a.m. in London. Prices are 5.3 percent lower in May for a fourth monthly decline, the longest losing run since 1999.
