Gold Falls As Nerves Steady

Summary


GOLD losses were extended in Asia today after a 1.5% slide in New York as prospects of lower inflation and no immediate widening of the Middle East conflict steadied nerves.

Spot gold fell in Asian trade to $624.95 an ounce from $632.50 late in the US market but remained above a two-week low of $617.95 an ounce that it hit on Wednesday.

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Extract


Gold Falls As Nerves Steady

The dollar edged down afte...

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