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Gold prices fell slightly, trimming weekly gains, as the U.S. dollar strengthened and oil prices continued to fall. Strong U.S. economic reports fuelled expectations that the Federal Reserve is going to hike benchmark interest rates earlier in 2015 than expected. Despite recent gains the metal is likely to remain vulnerable in the short term amid a strong U.S. economy and rising interest rates. The precious metal is currently quoted at USD1,225.00 or -0,02 % a troy ounce
GOLD currently trading at USD1,225.00
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