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Gold dips in Asia

Gold fell 1 percent on Tuesday, slipping into negative territory after some early bargain hunting, while daily outflows from exchange-traded funds highlighted investors’ lack of confidence in the precious metal. Gold fell $14.18 an ounce to $1,461.61 by 0617 GMT. US gold for June delivery gave up early gains and stood at $1,461.10, down $6.30. 

Copyright Reuters, 2013

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