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189

Gold On Week Low

Strong selling overnight by Japanese consumers spilled over into the New York futures market

Gold On Week Low

Strong selling overnight by Japanese consumers spilled over into the New York futures market Wednesday and sent Comex gold to a weekly low near the $500-an-ounce level, Dow Jones reported.

The benchmark February contract settled $14.60 lower at $509.50 an ounce
after trading in a $508.50-$517.20 range throughout the session.

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