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NEW YORK (AP) — Gold and other precious metals prices fell Wednesday as investors again flocked to safer investments like cash and Treasurys in response to more bleak economic data. In recent months, commodities and equities have traded in near tandem as investors seek safer havens as they feared a long and painful recession. Commodities have also fallen as investors forecast that demand for raw materials would decline as the economy falters. Oil prices declined modestly on the Nymex, as investors weighed falling global demand and a government report showing an unexpected decline in U. read more

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