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05-16-2012, 11:40 AM
SAN FRANCISCO (MarketWatch) -- Gold and oil futures traded lower Wednesday, extending their declines as the dollar kept its strength amid the latest failure in Greece to form a coalition government. Oil for June delivery retreated $1.2, or 1.1%, to trade at $92.98 a barrel on the New York Mercantile Exchange, its lowest since early November. Gold for June delivery was off $15.80, or 1%, to $1,541.30 an ounce on the Comex division of Nymex.
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