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Gold cuts weekly loss, recovers from 9-month low

Monday, November 28, 2016 - 05:50

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Holdings in gold-backed funds have dropped 85.5 tonnes so far in November to 1,902 tonnes.

Johannesburg

GOLD pared a third weekly drop as the dollar halted a rally that sent bullion prices to a nine-month low and pushed silver into a bear market.

Bullion's first gain in four days cut last week's loss to 2 per cent. Prices have tumbled as strong economic data and the

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