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Bloomberg reported that a higher dollar pushed gold to its largest drop in three years.
Bloomberg reported that a higher dollar pushed gold to its largest drop in three years.
The market news is quoted as saying:
Gold futures slumped 5.1 percent to $1,767.10 an ounce in after-hours trading at 4 p.m. in New York. Prices surpassed $1,900 for the first time ever this week.