Gold falls as worry for Greece hits euro

On Tuesday, Gold prices fell, pressured by the euro losing traction versus the dollar due to ongoing concerns about the potential efficacy of a European aid package for debt-laden Greece.

The press release is quoted as saying:

Spot gold was bid at $1,148.90 an ounce at 1533 GMT, against $1,155.00 late in New York on Monday. U.S. gold futures for June delivery on the COMEX division of the New York Mercantile Exchange fell $6.10 to $1,156.10 an ounce.

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