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22-Feb2019

Gold futures tumble on Thursday

Gold futures tumbled on Thursday, marking biggest one day decline since August, as US currency strengthened followed by the minutes from the Fed's January meeting, which sounded less dovish than expected.

Gold futures for February delivery settled down about 1.5 percent at $1,327.80 on the Comex division of the New York Mercantile. Spot gold  fell 1 percent to $1,324.70 per ounce.


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