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Gold hits 8-week low over U.S. shutdown

Cecilia Jamasmie | October 01, 2013 | 2:55 pm Precious Metals Europe Gold 

Gold dropped below $1,300 per ounce Tuesday, hitting its lowest since early August, as investors dumped precious metals and fled to cash amid worries over the U.S. government shutdown. Spot gold slid 3% to $1,286 per ounce. For the second...

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