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Gold Drops As U.S. Dollar Rises

Yesterday, gold prices broke a six day losing streak with a rebound. Well, the  winning streak isn't lasting. Gold for December delivery fell $1.10 per troy ounce, or 0.1% to 1,259.30 in recent market action, marking the seventh decline on the past eight trading sessions. The price, though down 4.4% for the month of October, sits  20% higher compared to the start of the year.
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