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CNBC News reported that gold prices fell almost to their break even point on the year thus far.
CNBC News reported that gold prices fell almost to their break even point on the year thus far.
As quoted in the market news:
Gold has plunged about $120 from this year’s high near $1715 an ounce in early February. The primary catalyst for gold’s slide, say traders and analysts, has been the euro’s decline and resulting strength in the U.S. dollar due to worries about the economic future of the eurozone, following weekend elections in Greece and France.
