Gold eases on firm dollar, euro zone fear
1/9/2012 11:17:52 AM
SINGAPORE: Gold prices lost more than half a percent on Monday, after the momentum that pushed prices up 3 percent last week fizzled as the dollar firmed with growing worries about the euro zone debt crisis.
Concerns about the debt crisis overshadowed upbeat data out of the United States which showed unemployment rate fell to a near three-year low, evidence that economic growth is gaining steam.
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