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The Wall Street Journal reports that Euro worries failed to reignite gold’s rally on Monday.
The Wall Street Journal reports that Euro worries failed to reignite gold’s rally on Monday.
The market news is quoted as saying:
Gold prices were subdued by a stronger greenback, which rallied against the euro amid Ireland’s debt woes. Investors using foreign currencies tend to shy away from dollar-denominated gold futures when the dollar strengthens, as the contracts become more expensive
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