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Gold, iron ore weaken

Gold continued to lose its lustre overnight, while iron ore was hit by a looming increase in supply

Kristie Batten
Gold, iron ore weaken

Gold's overnight close of US$1276.60 an ounce was the lowest for this year. It dropped as low as $1275.20/oz. The yellow metal has lost some of its safe haven appeal this month as concerns about global...

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