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European Gold Declined On Inflation Concerns |
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9:04 AM EST January 18 2006 |
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European gold declined on speculations of accelerating inflation, diminishing the metal’s appeal. In London gold traded at $554.75, down from $561.70. In Zurich the precious metal traded at $545.25, down from $557.15. In Hong Kong gold fell $13.10 to close at $544.70. Silver opened at $9.04, down from $9.12. |
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