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Bloomberg reported that gold prices dropped on news the Federal Reserve would not implement more stimulus measures.
Bloomberg reported that gold prices dropped on news the Federal Reserve would not implement more stimulus measures.
As quoted in the market news:
Gold futures for February delivery dropped 3.2 percent to $1,609.50 an ounce at 10:31 a.m. on the Comex in New York, heading for the biggest slide since Sept. 23.
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