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Gold drops for second day after upbeat retail-sales report

Friday 12 December 2014

Gold prices slid for a second session on Thursday as a strong report on retail sales hit haven demand and helped U.S stocks.

Gold for February delivery GCG5, -0.16% fell $3.80, or 0.3%, to settle at $1,225.60 an ounce. March silver SIH5, -0.04% dropped 8 cents, or 0.4%, to settle at $17.11 an ounce.

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