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Gold drops below $1,200 ounce

Michael Allan McCrae | June 27, 2013 | 6:50 pm Precious Metals Gold Silver 

Gold went there, dropping below US$1,200 per ounce before ticking back up. The precious metal hit US$1,196.10 an ounce at 2 p.m. ET. after losing over $20 in the afternoon. Since the year started gold is down 28% and is trading...

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