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Gold Falls From Five-Week High as European-Debt Concerns Ease, Euro Gains
Jun. 07, 2011 10:26AM PST
Precious Metals Investing
Bloomberg reported that gold dropped from its highest in five weeks over easing concern about European debt.
Bloomberg reported that gold dropped from its highest in five weeks over easing concern about European debt.
The market news is quoted as saying:
Gold’s losses may accelerate after the metal failed to rally toward a record yesterday, said Tom Pawlicki, an analyst at MF Global Ltd. in Chicago.
