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Gold extends sharp losses as exchanges drive out speculators

Frik Els | August 25, 2011 | 2:20 pm Precious Metals Europe Gold 

Gold for December delivery fell more than $50 to $1,710 an ounce in afternoon trade in London on Thursday, bring its losses since the record high of Monday to 10%, the worst slump since March 2008. On Wednesday, the Chicago...

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