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Gold continues to extend losses, down 2 percent

03/02/2012 at 22:23

Gold prices extended losses on Friday and were down about 2 percent, its biggest one-day loss in over a month

Spot goldXAU= was down 2 percent at $1724.14 an ounce at 2110 GMT, having fallen as low as $1,741.59. Earlier it peaked at $1,762.90, its highest since mid-November

Reporting by Soma Das in Bangalore soma.das@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S

+91 80 4135 5940; Reuters Messaging: soma.das.thomsonreuters.com@reuters.net For help: Click "Contact Us" in your desk top, click here or call 1-800-738-8377 for Reuters Products and +1-888-463-3383 for Thomson products Keywords: PRECIOUS/GOLD FALL

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Gold continues to extend losses, down 2 percent

03/02/2012 at 22:23