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Gold Prices Plummet as Fed Considers End to Stimulus (Update 1)

The Fed's minutes did not signal any unity among members for a specific expiration date of easing and low interest rates, and these measures almost certainly won't end in the near term.

Gold mining stocks were mostly lower on Friday. Shares of Randgold Resources (GOLD - Get Report) and Agnico-Eagle Mines (AEM - Get Report) each were losing 2.5%.

Among volume leaders, Kinross Gold (KGC - Get Report) were dipping 1.9%, and Barrick Gold (ABX) was down 1%.

Gold ETFs SPDR Gold Trust (GLD) and iShares Gold Trust (IAU) were off 0.77% .

-- Written by Joe Deaux in New York.

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SYM TRADE IT LAST %CHG
AEM $30.27 0.00%
GOLD $74.65 0.00%
GLD $115.60 0.00%
IAU $11.64 0.00%
KGC $2.28 0.00%

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