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Gold down to $789
- US: Saturday, December 01 - 2007 at 07:19
Gold prices continued to fall at the end of last week as the dollar firmed and oil prices dipped, reported the AP. Gold for February delivery retreated $13.2 to finish on $789.1 an ounce on the New York Mercantile Exchange on Friday. Analysts predict ongoing volatility in the price of gold as some speculators, hoping to see prices above $900, have exited the yellow metal.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, December 01 - 2007 at 07:19 UAE local time (GMT+4)
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