Tuesday, 17 May 2011
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Silver falls, gold flat as US dollar drops
NEW YORK - Silver fell four per cent as funds continued to liquidate bullish bets that had doubled prices to a record late last month, while gold was steady as uncertainty about indebted euro zone countries offset the positive influence of a weaker US dollar. Precious metals investors were eagerly awaiting regulatory filings by hedge fund managers and institutional investments due later on
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