Gold falls from 2-month high before Fed's meeting

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Source: Bloomberg
Gold declined on Monday trading session falling from the highest level in a two-month period on speculation that the recent rally of the precious metal was too rapid and as the U.S. Federal Reserve may cut its stimulus on this week's policy meeting. Bullion for January delivery dropped 0.2% to $1,268.14 an ounce as of 4:15 p.m. Singapore time.

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Mon, 27 Jan 2014 09:48:59 GMT

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