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Spot Gold Falls 1% on Lack of Detailed Fed Plan

August 29, 2011

Spot gold fell more than 1 percent on Monday, reversing a 3.2-percent rally in the previous session, as investors faced with uncertainties on the U.S. Federal Reserve's stimulus plans decided to take some money off the table.

Source: http://www.cnbc.com/id/44308623?__source=RSS*tag*&par=RSS
 
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