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- Gold dropped sharply
Gold dropped sharply
Today the price of gold has fallen to the worst in the last seven weeks of performance, because investors sell the metal along with the leading stocks and other commodities on fears that the global economy will be unstable. But over the last few hours gold, as well as oil has risen due to the positive sentiment on the background to the meetings of financial leaders of the G20.
The price of gold futures on the New York Mercantile Exchange fell to $1682.10 per ounce (-3.42%).
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