Gold prices declined Tuesday, despite a multiday decline in the U.S. stock market that has spilled over to global markets. Ordinarily volatile markets would support higher prices for gold, which draws haven demand. However, commodities experts cited a lack of fundamental reasons for the downturn in equities markets as taking some of the luster away from gold. February gold finished off $7, or 0.5%, at $1,329.50 an ounce.
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