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PRECIOUS-Gold eases on firm dollar, euro zone fear
* Dollar index rises to 16-month high, pressuring
commodities
* Spot gold could fall to $1,589 - technicals
* Coming up: German industrial output, November; 1100 GMT(Adds details, comments; updates prices)
By Rujun Shen
SINGAPORE, Jan 9 (Reuters) - Gold prices lost more
than half a percent on Monday, after the momentum that pushed
prices up 3 percent last week fizzled as the dollar firmed with
growing worries about the euro zone debt crisis.
Concerns about the debt crisis overshadowed upbeat data out
of the United States which showed unemployment rate fell to a
near three-year low, evidence that economic growth is gaining
steam.
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