Gold Retreats After Exceeding $1,800 for First Time on Demand for Safety

Spot gold fell as much as 0.6 percent to $1,782.55 an ounce and last traded at $1,783.57 by 10:28 a.m. Singapore time. It earlier climbed to a record $1,814.95 an ounce, exceeding $1,800 for the first time.

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