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Dollar recovery pushes gold down from one-year high

Reuters  |  LONDON 

By Peter HobsonLONDON (Reuters) - Gold prices fell on Monday from the previous session's 13-month high as relief that North Korea did not conduct a missile test over the weekend helped to lift global stocks, the U.S. dollar and bond yields. Demand for safer assets, including gold, also weakened after storm Irma wreaked less damage than feared in Florida.Spot gold was down 0.9 percent at $1,334.86 an ounce by 1353 GMT, on track for its biggest one-day drop since July 7. On Friday it touched $1,357.54, the highest since August last year.U.S. gold futures for December delivery were down 0.9 ...

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First Published: Mon, September 11 2017. 19:38 IST
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