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Gold fails at recovery attempt, marks 5-session loss
Gold futures failed at a recovery attempt Monday, closing lower to tally a five-session loss of more than $50 an ounce as another sell-off in global markets and a rally in the Japanese yen prompted investors to seek liquidity by eliminating commodity positions, including gold.
Gold for April delivery closed down $4.90 at $639.20 an ounce [...]
