Asia Precious Metals Correspondent, Singapore
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Nov 27, 2014
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Gold eases from $1,200 as equities climb on U.S. economic data

SINGAPORE (Reuters) – Gold dipped from $1,200 an ounce on Wednesday as equities rose on optimism over the U.S. economy, while traders nervously awaited cues from the dollar and a Swiss referendum on central bank gold reserves.

The gold market has been in a tight range this week, lacking direction ahead of the U.S. Thanksgiving holiday on Thursday and the Swiss referendum on Sunday.

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    • About Ananthalakshmi

      "Anantha is responsible for Reuters' gold coverage in Asia, the biggest consumer of the precious metal. Based in Singapore, she tracks the day-to-day market movement of gold prices during Asian hours, fund flows and central bank purchases. She also covers the physical markets in key buyers China and India. Anantha used to cover U.S. companies earlier from Bangalore."
      Joined Reuters:
      2008
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