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Gold hammered again despite talk of $2.5 trillion Europe bailout

Frik Els | September 26, 2011 | 5:07 pm Precious Metals Europe Gold 

Gold for December delivery dropped $40, or 2.5%, to just under the $1,600 an ounce level in midday trade on the New York Mercantile Exchange on Monday, but had recovered from sharp losses which saw the metal reach a low...

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