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    09.02.2016 06:07 Gold remained strong

    Gold is currently at $1,193.00 (-0.41%). The precious metal stepped down from its yesterday high, but traded close to an eight-month high as fresh declines in equity markets increased demand for safe-haven assets. Monday was gold's seventh straight day of gains. The U.S. dollar, bullion's traditional opponent got weaker recently amid considerations that the Federal Reserve may not be able to raise interest rates soon.

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