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Gold takes back seat to equities

NEW YORK, June 30 (UPI) -- Gold futures fell Thursday despite a drop in the dollar index, which declined 0.34 percent with the dollar weakening for the second consecutive day.

On the Comex division of the New York Mercantile Exchange, gold prices shed $10.30 to $1,500.10 per troy ounce.

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Gold slipped as equities remained bullish. Big boards on Wall Street closed higher for the third consecutive session, drawing enthusiasm away from commodities.

Crude oil prices added 33 cents to reach $95.10 per barrel for August delivery of West Texas Intermediate.

The euro rose to $1.4506 from Wednesday's $1.4434. Against the yen, the dollar fell to 80.52 yen from Monday's 80.77 yen.

The dollar was broadly weaker in Asia and mixed in Europe.

The British pound fell to $1.6047 from $1.6062. The U.S. standard fell to 7.7819 Hong Kong dollars from 7.7836 HKD. The dollar fell to 1,068.04 South Korean won from 1,073.95 won.

The dollar fell to 44.60 Indian rupees from 44.96 rupees. The U.S. dollar fell to 0.9635 Canadian dollars from 0.9697 Canadian.

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