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Gold futures were down 0.37% at $1,860.50 by 11:47 AM ET (3:47 AM GMT)

U.S. West Texas Intermediate (WTI) crude (CLc1) futures fell 36 cents, or 0.9%, to $39.57 a barrel at 0217 GMT, while Brent crude (LCOc1) futures fell 28 cents, or 0.7%, to $41.49 a barrel.

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