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Gold down on oil and dollar; platinum at 3-year low

Mon, Oct 6, 2008

Gold Market News

Reuters reports gold is down by more tham five dollars at a 2 week low.

Gold was trading at $829.40 an ounce, down $5.40 from New York’s notional close on Friday, when it hit a two-week low of $818.70 after the U.S. House of Representatives voted to pass a $700 billion package to bailout the U.S. financial system.

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