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Gold futures end sharply lower
By Polya Lesova
Last update: 1:44 p.m. EST Feb. 1, 2008
NEW YORK (MarketWatch) -- Gold futures dropped sharply on Friday, erasing their strong gains from earlier in the session, as the dollar rebounded and traders rushed to lock in gains. Gold for April delivery fell $14.50 to end at $913.50 an ounce on the New York Mercantile Exchange. Earlier, the benchmark contract hit $941.80 an ounce in electronic trading.
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