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US growth, inflation numbers drop gold price through $1,300

Frik Els | July 30, 2014 | 1:59 pm Precious Metals Gold 

The gold price fell below the psychologically important $1,300 an ounce level on Wednesday after strong economic data outweighed safe haven buying on geopolitical concerns. On the Comex division of the New York Mercantile Exchange, gold futures for August delivery...

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