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Gold teeters on the brink of $1200

Gold fell below US$1200 an ounce early this morning, but is currently sitting just above that level

Kristie Batten

The yellow metal suffered as the US dollar rose. Comex gold futures for December plummeted to $1198.60 an ounce overnight and last traded at $1201.50/oz, well below around $1220/oz this time yesterday....

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