Gold Prices Top $1600 As Euro Rallies

Precious Metals

Reuters reported that gold prices rose over $1600 while the still-weak euro extended a slight rally.

Reuters reported that gold prices rose over $1600 while the still-weak euro extended a slight rally.

As quoted in the market news:

Spot gold was up 0.5 percent at $1,602.45 an ounce at 1342 GMT, off an earlier low of $1,586.29. U.S. gold futures for August delivery were up $5.30 an ounce at $1,591.50.

Click here to read the full Reuters report.

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