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Well, that little dip in the gold price in the wee hours of yesterday morning didn't amount to much... although it did set the low [around $1,231 spot] for the Tuesday trading session. The price began to move up sharply shortly before Comex trading began yesterday... and was up $14 by the time the London p.m. gold fix rolled around at 10:00 a.m. Eastern time. From that point, gold only tacked on another four bucks or so to its high of the day [$1,251.20 spot] around 2:00 p.m. in New York... and from there, gold slid a couple of dollars into the close of electronic trading at 5:15 p.m. Eastern time.
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