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== Gold suffers heavy fall on Fed concerns, Syria ==

<html>Earlier in the day, US gold futures trading was momentarily halted by CME Group's Stop Logic mechanism. In the one minute around the 20-second trading pause, gold prices slid $US10 ($11.33) with an unusually heavy 4,300 contracts changing hands, Reuters data showed.
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 "The block trade of futures and the $10 gap down spooked the market right out of the gate," said Jeffrey Sica, chief investment officer of Sica Wealth Management, which oversees more than $US1 billion in client assets.
 The losses were all the more significant as investors also sold the dollar and US equities.
 Sica said that some sovereign wealth funds and hedge funds opted to reduce their gold positions after the sudden decline, extending the gold market's weakness later in the session.
 Stop Logic is aimed at preventing large price movements from cascading stop-price orders,[http://www.helpinghandmatters.com/activity/p/9330/ Brennan a rare bird who floated rather than soared], an order to sell or buy a security when it reaches a particular price. It also allows participants to provide additional liquidity.
 Spot gold dropped 3 per cent to $US1,325.55 an ounce, its biggest one-day fall since June 26.
 Earlier,[http://www.steelersjerseysforsale.com/steelers-tshirts-cheap-1323 Steelers T-Shirts], the metal hit $US1,324.24,[http://www.steelersjerseysforsale.com/pittsburgh-steelers-jersey-cheap-121 Wholesale Pittsburgh Steelers Jersey], its weakest since August 15.
 For the week, bullion is on track to slip nearly 8 per cent for its biggest weekly decline since the last week of June.
 Technical selling further pressured prices after the metal broke through its 100-day moving average at $1,355 an ounce and its 50-day moving average at $1,335, traders said.
 US gold futures for December delivery settled down $US33.20 an ounce at $US1,[http://www.steelersjerseysforsale.com/ben-roethlisberger-jersey-cheap-121_123 Ben Roethlisberger Jersey],330.60, with trading volume at about 10 per cent above its 30-day average, preliminary Reuters data showed.</html>