Gold tracks euro higher

Precious Metals

Reuters reports that on Monday, Gold ticked higher as the euro gained after Ireland’s rescue deal.

Reuters reports that on Monday, Gold ticked higher as the euro gained after Ireland’s rescue deal.

The market news is quoted as saying:

China’s steps to rein in inflation could dim gold’s appeal in the world’s second-largest consumer after India, but dealers said a drop in bullion prices from all-time high levels were attracting purchases from other consumers in Asia.

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