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Gold Declines Following Two Consecutive Rises

Gold prices closed Thursday lower, declining for the first time in three sessions, following a surge to their highest level in about two months on Wednesday.

Gold futures for June delivery declined by $11.10, or 0.6%, to finish at $1,782 per ounce.

Meanwhile, silver futures for May delivery lost 39 cents, or 1.5%, to close at $26.18 per ounce.

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