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Gold inches up on hopes for Europe debt deal

Posted on 24 October 2011

Spot gold prices edged higher on Monday, after European leaders moved closer to a concrete plan to solve euro zone’s debt crisis during a weekend meeting, lifting sentiment in commodities and equities.

Spot gold edged up 0.2 percent to $1,642.99 an ounce by 0022 GMT, after losing more than 2 percent last week………………………………………Full Article: Source


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