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Gold Futures Tumbled In Sell-Off
Gold futures tumbled 3% Thursday in a broad commodities sell-off
Gold futures tumbled 3% Thursday in a broad commodities sell-off, coming under heavy pressure amid a global stock rout fuelled by deepening troubles in the credit and subprime markets.
Gold for December delivery tumbled $21.70, or 3%, to close at $658 an ounce on the New York Mercantile Exchange.
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