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More commodity weakness

GOLD was one of the few metals to rise overnight as oil prices plunged by more than 4%.

Kristie Batten

Comex gold for February delivery gained 1.1% or $US12.80 to $1203.20 an ounce. The iron ore spot price for 62% fines took a hit, shedding 2.7% or $1.97 to $69.80 per tonne after several sessions above...

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