Gold retreats but euro zone debt woes underpin

Precious Metals

Reuters reports that Gold eased back toward $1,380 an ounce on Wednesday.

Reuters reports that Gold eased back toward $1,380 an ounce on Wednesday.

The market news is quoted as saying:

The precious metal also gave up gains in euro and sterling terms, after hitting record highs in both currencies as investors bought the metal as a safe store of value.

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