The dollar was last up 1.1% vs. the euro at $1.2784, pulling back from the one-year low it touched in the previous session. The U.S. currency was almost 0.4% better against the yen at 110.39.
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Gold Plunged $27 From 26yr High
Gold futures plunged almost $27 an ounce Monday
Gold futures plunged almost $27 an ounce Monday to close at their lowest level in one week as a rally in the U.S. dollar spurred broad declines in precious-metals prices.
The metal has now lost $47 since reaching a high of $732 in electronic trading on Friday, which was the highest price seen since 1980. The contract ended Friday, however, with a loss of $9.70.
The dollar was last up 1.1% vs. the euro at $1.2784, pulling back from the one-year low it touched in the previous session. The U.S. currency was almost 0.4% better against the yen at 110.39.
The dollar was last up 1.1% vs. the euro at $1.2784, pulling back from the one-year low it touched in the previous session. The U.S. currency was almost 0.4% better against the yen at 110.39.
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