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Gold futures – Weekly outlook: April 15 – 19
Monday, April 15, 2013 2:43
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Gold futures plunged into bear market territory on Friday, closing at the lowest level in 21 months as a bout of technical selling set in after prices broke below key support levels.
Sentiment on the precious metal was dampened after minutes from the Federal Reserve’s most recent policy-setting meeting released earlier in the week showed the central bank is considering ending its bond-buying program sooner-than-expected.
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