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Spot Gold Tumbles 2% on Technical Selling

September 07, 2011

Spot gold dropped 2 percent abruptly on Wednesday to as low as $1,826, nearly $100 off the all-time high above $1,920 hit in the previous session, tracking heavy losses on U.S. gold futures on technical selling, said traders. 

Source: http://www.cnbc.com/id/44416228?__source=RSS*tag*&par=RSS
 
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