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Metals Update Archive: 
Gold Slips Slightly
Aug 01, 5:33 AM EDT
Gold prices fell a bit on Monday, with December gold futures closing slightly lower. Gold moves were justified given that it is the end of the month.
Despite the nearly flat close on the day, gold is building a base to move higher amid concerns about North Korea, Iran, Venezuela and the fighting in the Middle East, which have built a premium into the market. Silver, platinum and palladium edged up, while searing heat in North America sent natural gas prices surging.
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