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Gold slips under $1,700 after Bernanke bathos

Frik Els | December 13, 2012 | 6:23 pm Precious Metals Gold 

After opening Thursday at $1,712 an ounce February gold contracts had fallen by more than 1% by lunch time, crashing through the psychologically important $1,700 an ounce level to trade at $1,698.20. Earlier the yellow metal traded as low as $1,691 –...

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