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FXS: Spot gold up from 2-wk low, eyes on U.S. bailout |
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Oct 3 (Reuters) - * Spot gold at $838.30/840.30 an ounce at 1520 GMT after
earlier hitting a two-week low of $818.70. Late in New York on
Thursday it was at $835 an ounce.
* Higher dollar weighs on gold market sentiment as market waits
for news of an expected vote by the U.S. Congress on a $700
billion bailout package for financial firms.
* Platinum at $963/983 from $960. Earlier it hit a
near-three year low of $936.50 an ounce.
* Platinum used in autocatalysts is down about 50 percent since
a record high of $2,290 in March on economic weakness and
falling car sales, especially in the United States.
* Silver tracks gold higher, up about 5 percent at
$11.58/11.66 from $10.79 on Thursday.
* Palladium at $195/205 from $191.50.
For related news and prices, click on the codes in brackets:
Spot gold/silver Platinum/palladium
Gold lease rates Comex gold futures
Europe/Asia prices
CBOT 100 oz gold futures
RELATED NEWS AND OTHER TOPICS
Precious metals news All metals news
Metals summary Index of summaries
All commodities news Metals diary
Ldn Bullion Mkt Assoc Foreign exchange rates
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