10.05.2012 - Gold falls below $1,600 on euro zone uncertainty
Gold dropped below $1,600 an ounce in heavy trading o n W ednesday, nearly wiping out gains for 2012 as political uncertainty in Greece and Spanish bank worries prompted investors to sell bullion for a third straight daily decline. The precious metal was down more than 3 percent so far this week on European debt fears due to a change in the French presidency, the frail state of Spanish banks and political gridlock in Greece..............................................Full Article: Source
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