Wednesday, November 23, 2011

COMEX Gold Futures Pare Losses Despite U.S. Dollar Strength

Gold futures came well off their intra-day lows on Wednesday despite continued
strength in the U.S. dollar. COMEX gold futures, per the December 2011 contract,
fell to as low as $1,680.10 per ounce this morning amid widespread liquidation
in the commodities complex.

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