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Gold sinks below $700 for first time in 14 months

posted by Avatar 1308 days ago in Fundamental, Gold made popular 1308 days ago | admin links

Gold prices fell below $700 an ounce for the first time in 14 months Thursday as investors fearful of a protracted global slowdown unloaded their holdings in the precious metal.
Gold for December delivery fell $20.50 to settle at $714.70 an ounce on the New York Mercantile Exchange.
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