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Gold hits four-month low after euro knocked by crisis
Gold slid to its lowest in four months on Tuesday after the euro fell on the back of increasing investor concern about Europe's ability to haul itself out of the debt crisis and return to growth. The euro traded close to its lowest against the dollar since late January after the leader of Greece's Left Coalition party said Athens' commitment to the EU/IMF financing deal had been rendered void after voters rejected pro-bailout parties in Sunday's general election. Growth-linked assets such as European equities and industrial commodities including crude oil, copper and palladium came under pressure as investors bought ... (full story)
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