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NEW YORK (TheStreet) —
The gold price got sold down about five bucks or so by lunch time in Hong Kong on their Friday—and then chopped more or less sideways until at, or minutes after the London p.m. gold fix. Then a thoughtful seller peeled another ten bucks off the price, with the low tick coming at 10:15 a.m. EST. Gold recovered most of that loss by the close of electronic trading.
The high and low tick were reported as $1,302.90 and $1,284.30 in the February contract.
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