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Gold ends higher after brutal week; oil rises

Friday, April 19, 2013 23:49
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(Before It's News)

Washington Traders cautiously returned to buying certain key commodities Friday, including gold and oil, after big sell-offs earlier this week.

Gold for June delivery rose $3.10 to $1,395.60 per ounce. The precious metal has had a wild few weeks. It started sliding last week, in a panic that culminated Monday when it plunged 9 percent. It was gold’s biggest drop since 1983.

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