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Gold Futures Advance as U.S. Slower Home Sales Give Bears Pause

  • Short-covering seen as U.S. pending home sales miss estimates
  • Bullion has fallen 10 percent this year on Fed rate outlook
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The Economic Loss From the Global Commodities Slump

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Gold advanced for the first time in three sessions as signs of cooling U.S. housing and manufacturing called into question the extent to which the Federal Reserve will raise interest rates.

QuickTake The Rise and Fall of Gold