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0 Gold “Well Positioned”, Hits New Euro Record, as Oil Drops with Asian Stocks

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THE PRICE OF GOLD in London’s wholesale market slipped 1.2% from an early gain vs. the Dollar on Monday, touching new record highs for Euro and Sterling investors as Asian stock markets closed the day sharply lower.

European stock markets rallied as the Euro currency bounced from a new 49-month low at $1.2240.

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