Gold Falls, Halting Longest Rally in Six Months; Silver Drops
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Gold futures fell for the first time in two weeks on sales by investors following the longest rally since August. Silver dropped for the second straight day.
Political turmoil in parts of the Middle East and North Africa drove gold higher in the previous eight sessions. The metal’s 14-day relative-strength index topped 70 in the past two days, a signal that prices were poised to fall. The metal has climbed 5.6 percent this month after tumbling 6.1 percent in January.