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NEW YORK (TheStreet) —
The gold price got sold down a few dollars as soon as trading began in the Far East on their Friday—and another five bucks or so got carved off the price shortly before the London open. From there it traded unchanged until the release of the job numbers at 8:30 a.m. EDT in New York. The HFT boyz used the opportunity to put the boots to gold once again—and the low tick came around 12:45 p.m. EDT. After that, the price didn't do a lot.
The high and low ticks were reported by the CME Group as $1,215.70 and $1,190.30 in the December contract.
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