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Gold ends flat, other commodities fall

Associated Press

Posted on November 19, 2009 at 3:02 PM

NEW YORK (AP) — Gold and silver have recovered from early losses, but other commodities are lower as the dollar strengthens.

On the New York Mercantile Exchange, gold futures are up 70 cents at $1,141.90 an ounce. Earlier, it fell as low as $1,130 an ounce.

December silver is up 4 cents at $18.455 an ounce, after dropping as much as 26.5 cents earlier in the session.

Both metals managed to post gains despite a rising dollar, which would normally hurt demand for gold and silver. Traders flocked to gold, Treasurys and other safe-haven investments amid a broad decline on the stock market which pushed the Dow Jones industrials down 94 points.

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