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Gold settles lower, but clings to key $1,200 level

Tuesday, 24 February 2015


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Gold prices settled lower on Monday, but found some support at the key $1,200 level as traders watched developments linked to Greece’s bailout extension.

Gold for April delivery GCJ5, +0.10% fell $4.10, or 0.3%, to settle at $1,200.80 an ounce on Comex. The decline marked a second straight session decline for prices.


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