Monday, January 31, 2005

Gold futures close at three-week low under $422

SAN FRANCISCO (AFX) -- February gold dropped $4 to close at $421.80 an ounce in New York, its lowest closing level since Jan. 10. It's also down $16.60, or 3.8 percent, from its ending level on Dec. 30, the last futures trading session of 2004.


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