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Gold gives up some ground

Gold's march towards US$1600 an ounce has been halted for now

Kristie Batten
Gold gives up some ground

Comex gold futures rose as high as $1590.90/oz yesterday, but closed at $1567.80/oz as US stocks rose but just over 0.3% overnight. Australian dollar spot gold was trading at A$2255.77/oz, the highest...

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