Gold retreats as dollar firms, investment wanes

On Monday, Gold slipped in Europe, surrendering some of the previous session’s more than 1 percent gains, as the dollar firmed and investment flows into the metal dried up as concerns over euro zone risk receded.

The press release is quoted as saying:

Spot gold was bid at $1,205.35 an ounce at 1132 GMT, against $1,211.85 late in New York on Friday. U.S. gold futures for August delivery eased $3.70 an ounce to $1,206.10.

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