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Reuters Africa reports gold and palladium added to the day’s losses on Thursday after U.S. data showed an unexpectedly large rise in home construction.
Reuters Africa reports gold and palladium added to the day’s losses on Thursday after U.S. data showed an unexpectedly large rise in home construction.
The market news is quoted as saying,
The dollar added to the day’s gains after the data, which dented gold and palladium, which slid by more than 2.5 percent to hit a session low of $750.05 an ounce.
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