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Gold prices slide for 3rd straight week

By The Associated Press
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NEW YORK (AP) — Gold prices fell for a third week running, as traders speculated that the Federal Reserve will ease off its support for the economy.

Gold for April delivery fell $5.80 on Friday to settle at $1,572.80 an ounce. The price of gold dropped below $1,600 on Wednesday for the first time since August, after details from the Fed’s last meeting revealed that some Fed officials discussed ending its bond-buying program sooner than planned.

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