MTECHTIPS GOLD
Friday, October 19, 2012 0:17
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MTECHTIPS;- GOLD
Gold gave up early gains on Friday as shares in Asia slipped following a three-day rally and investors took a breather ahead of the outcome of a euro zone summit to solve the region’s debt crisis. Bullion has closely followed moves in currencies, with improving sentiment around the euro zone giving support to the euro and weighing on the dollar. SPDR Gold Trust the world’s biggest goldbacked exchange-traded fund, remained unchanged at 1333 tons on Thursday. Outlook: Gold is expected to trade with positive bias and take cues from US economic data & EU Summit.
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