Gold traded near the lowest level in 34 months and headed for the worst quarterly slump in at least nine decades amid speculation the U.S. Federal Reserve will reduce stimulus as economic data beat estimates. Silver was set for its biggest quarterly loss since 1980. Spot bullion traded at $1,203.75 an ounce at 11:53 a.m. in Singapore after sliding 1.7 percent to $1,180.50, the lowest since August 2010. Prices have dropped 25 percent since the start of April, the biggest quarterly slide since at least 1920, according to data compiled by Bloomberg. Silver rose 1.9 percent after dropping 1.4 percent and was set for its worst quarter since the Hunt brothers tried to corner the market. Platinum...
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