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| COMMODITIES-Gold, silver tumble on Wellington fund sales; crude oil rises | | | * Funds initiate short position in gold, piling on losses * Bullion prices fall to lowest since early July * Crude future up on better economic outlook, supply worries NEW YORK, Dec 3 - Gold and silver prices fell sharply on Monday as better-than-expected U.S. manufacturing data prompted funds to boost their bearish bets, while crude oil futures climbed more than 1 percent on economic hopes. The precious metals' drop marked a sharp contrast to the rest of the commodity |
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