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Gold pares losses, but still ends at 1-year low, in correction territory

Myra P. Saefong
Gold pares losses, but still ends at 1-year low, in correction territory

Gold prices erase much of their earlier losses on Thursday, but still finish at a one-year low, as President Donald Trump voiced his disagreement with the Federal Reserve’s plan for gradual raise interest rates, prompting a decline in the benchmark dollar index.