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Urgent: Gold down on strong U.S. dollar

Xinhua, November 28, 2015 Adjust font size:

Gold futures on the COMEX division of the New York Mercantile Exchange fell on Friday as a stronger U.S. dollar put pressure on the precious metal during a period of no news due to the combination of Thanksgiving holiday and the early market close on Friday.

The most active gold contract for February delivery lost 13.5 U.S. dollars, or 1.26 percent, to settle at 1,056.2 dollars per ounce. Enditem