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Reuters reported that gold prices fell on new the Euro Zone might experience a credit downgrade.
Reuters reported that gold prices fell on new the Euro Zone might experience a credit downgrade.
As quoted in the market news:
The metal fell along with U.S. equities and other riskier assets on speculation that Standard & Poor’s would downgrade the credit ratings of several euro zone countries. S&P was set to cut ratings of France and Austria by one notch each, the Financial Times reported.
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