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Gold Futures Fall From Record After Longest Rally in 31 Years

Gold futures fell from a record $1,610.70 an ounce on investor sales after the metal’s longest rally in 31 years.

Before today, the price rose 6.6 percent this month as European and U.S. debt concerns boosted the appeal of the precious metal as a haven. The 14-day relative strength index for gold topped 70 yesterday, a signal that prices may fall.