Gold plunged below $800 an ounce, as the dollar's rebound reduced the appeal of commodities after a six-year boom.
Gold fell to $782.27 an ounce, its lowest since Dec. 3, at 9:52 a.m. London time today. Silver's 12 percent drop was the most since June 2006 and the metal traded at $12.905 an ounce, down 9 percent.
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Gold Tumbled Below $800
Gold tumbled below $800 an ounce, silver dropped as much as 12 percent and oil