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Monday, January 28, 2013

Gold Little Changed in Asia on Weak Technicals; Precious Metals Mixed

Gold was little changed in Asia Monday as technical indicators pointed to near-term weakness while some modest physical demand helped provide a floor to prices.
At 0429 GMT, spot gold was at $1,659.15 a troy ounce, down 15 cents from its previous close.
"The physical demand [for gold] is less than what we had last year," .

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