Monday, April 06, 2009

Gold below $870 on possible IMF gold sales....

Date: Mon, 06 Apr 2009 18:02:05 -0400

Gold falls below $870 on possible IMF gold sales, rising dollar

Gold futures fall for a third straight session to below $870 an ounce,
wiping out their yearly gains as traders shaved positions on worries
that the 403 tons of gold sales by the International Monetary Fund
will increase supply and depress gold prices.

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