Gold prices fell as the dollar gained strength on taper expectations and euro weakness

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The spot price of Gold fell 2.72 percent during the past week as the dollar gained strength.  After making a slight gain on Monday, gold fell on gold stocks, ETF, gold, NYSEARCA:GLD, NYSEARCA:IAU, NYSEARCA:SLV, NYSEARCA:AGQ, NYSEARCA:PPLTTuesday and Wednesday as the FOMC monetary policy meeting took place, sparking widespread opinion that the taper could begin in December.