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Urgent: Gold drops on upbeat economic data, stock market rally

Xinhua, September 3, 2015 Adjust font size:

Gold futures on the COMEX division of the New York Mercantile Exchange dropped slightly on Wednesday as a private report provided a boost to U.S. dollar while investors turned to the stock market.

The most active gold contract for December delivery lost 6.2 U.S. dollars, or 0.54 percent, to settle at 1,133.60 dollars per ounce. Enditem