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Monday, September 26, 2011
Gold Sinks to 2-Month Low, to “Take a Back Seat”
Gold futures sunk to a two-month low on Monday after the CME raised margin requirements yet again this year. COMEX gold futures, per the December 2011 contract, settled down $45.00, or 2.7%, at $1,594.80 per ounce its lowest close since July 21.
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