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Gold Rebounds on Japan Downgrade, Physical Buying

August 24, 2011

Gold rebounded more than 1 percent on Wednesday after posting its worst drop in 18 months, as risk appetite retreated after Moody's downgraded Japan's debt rating and strong buying interest in Asia's physical market lent support. 

Source: http://www.cnbc.com/id/44250190?__source=RSS*tag*&par=RSS
 
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