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Gold falls 1% as broad market sell-off follows US government reopening
Gold prices fell 1% on Thursday, pulling back from a three-week high earlier in the session amid a broad market sell-off following the reopening of the U.S. government. Spot gold lost 1.1% to $4,151.86 per ounce as of 02:16 p.m. EST . Elsewhere, spot silver fell 2.3% to $52.18 after rising to its highest level since October 17 earlier in the session. U.S. gold futures for December delivery settled 0.5% lower at $4,194.50. The U.S. government will resume operations after a record 43-day shutdown, under an agreement that funds federal operations through January 30. "Precious metals are caught in a widespread ... (full story)