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Gold and silver decline as Europe receives downgrades

Industrial Info Financials | January 13, 2012 | 10:30 pm Energy Precious Metals Europe Gold Silver 

On Friday, gold (NYSEARCA:GLD) futures for February delivery decreased $16.90 to settle at $1,630.80 per ounce, while silver (NYSEARCA:SLV) futures fell 60 cents to settle at $29.52. Euro-zone governments are expecting new debt-crisis commotion following…

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