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MW: Gold trades lower after gaining last week
 
By Claudia Assis
SAN FRANCISCO (MarketWatch) -- Gold futures opened marginally lower on Monday, after getting close to a record high on Friday and after Commerce Department data showed the savings rate for American households rising to the highest level in eight months in May. Personal incomes also increased. Gold for August delivery declined $2.30, or 0.2%, to $1,253.90 an ounce on Comex. Gold on Friday ended two dollars short of the June 8th record of $1,258.30 an ounce.

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