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Strong Economic Data Trip Gold
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Updated from 12:31 p.m. EST
Geopolitical tensions and strong economic data provided opposing influences on the gold market Thursday, leading to a choppy trading session.
But in the end the economics won and February-dated bullion contracts closed down $5.20 at $628.10 an ounce on the Comex division of the New York Mercantile Exchange.
The exchange-traded funds that hold bullion were gaining, with streetTracks Gold Shares (GLD Quote) off 0.5% and iShares Comex Gold Trust (IAU Quote) edging 0.7% lower. ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.07 |
Oil *
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