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Gold hits session low after G20 unveils IMF gold plan

LONDON, April 2 (Reuters) - Gold hit a low of $893.70 an ounce on Thursday after Prime Minister Gordon Brown said the G20 will ask the International Monetary Fund to bring forward its programme of gold sales, and as equities extended gains.

The precious metal had already slipped 3 percent earlier in the session as tentative hopes for a recovery in the world economy boosted interest in other assets such as stocks and industrial commodities, diverting interest from gold.

Spot gold XAU= was quoted at $896.50/898.00 an ounce at 1520 GMT from $926.40 late in New York on Wednesday.

Reporting by Jan Harvey; Editing by Peter Blackburn

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