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NEW YORK (AP) - Gold prices tumbled Thursday under pressure from a firming U.S. dollar, an expiring gold options contract and weaker crude oil prices.
Elsewhere in the commodity markets, copper and other industrial metals extended the decline of the past few days, while grains prices rose and energy prices finished mixed.
Gold declined as the dollar made gains against the euro and other major currencies. Meanwhile, June gold options expire Thursday, which means positions will either be abandoned or exercised, said George Gero of RBC Capital Markets Global Futures.
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