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PRECIOUS-Gold gains on US growth data with lingering Italy uncertainty
Reuters A weaker greenback makes dollar-denominated gold cheaper for holders of other currencies. "This has supported the EUR/USD exchange rate, which in turn has underpinned the price of the positively-correlating yellow precious metal," said Forex.com ... Italian Crisis Means Uncertainty For Gold Despite Safe-Haven Demand Gold ends lower as dollar gains, finds some support on Italy turmoil Gold ticks up as dollar eases, and US-China trade tension rises |
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