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Sunday, 26 October 2014 - 7:21
Glitter of gold to fade further
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Gold prices in Sri Lanka will slump further with the drop in global prices triggered by the recovery of the US economy and the strengthening of the US dollar.

Gold futures fell 0.7 percent to 1,233.12 dollars an ounce in New York, heading for the biggest decline since October 3rd, when the metal wiped out the year’s gains.

A losing 2014, would mark the first back-to-back annual decline for gold futures since 1998.
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