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Inside the Market

Before the bell: Stock futures edge higher but gold falls hard

Gold prices are taking a dive this morning, falling below $1,400 (U.S.) an ounce, as haven flows into precious metals lighten up amid more signals that U.S. military action against Syria is not imminent. The TSX is likely to underperform the major U.S. indexes at the open as the resource-heavy stock market struggles against the downdraft in commodity pricing.