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Gold drops on strong stocks, dollar

2014-11-11 09:23 Xinhua Web Editor: Qin Dexing
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Gold futures on the COMEX division of the New York Mercantile Exchange on Monday pulled back from last Friday's strong rally, as the U.S. dollar rebounded and the Dow and S&P set new intraday record highs.

The most active gold contract for December delivery fell 10 U.S. dollars, or 0.85 percent, to settle at 1,159.8 dollars per ounce.

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