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MW: Gold drops as dollar gains vs euro
 
By Nick Godt
NEW YORK (MarketWatch) -- Gold futures turned lower on Thursday, as the dollar rose against the euro and posted minor gains againt major rivals, after supportive comments from European Central Bank president Jean-Claude Trichet. In the past year, the dollar and gold have had a strong inverse relationship. Gold for February delivery was recently down $1.30, or 0.1%, at $1,135.10 an ounce in electronic trade. It earlier rose to an intraday high of $1,145.60 an ounce, according to FactSet Research.

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