Gold stables as Greek crisis ease out

Gold stables as Greek crisis ease out
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Summary Gold and silver prices dropped in the international markets as Greece put aside bankruptcy fears.

As European Union announced a bailout package for Greece, the investment in gold and silver recorded a decline in the international market. Gold price dropped $10 by ounce in a single day.During the trading session in Singapore Market, future contracts for gold were made at a price of less than $1530 an ounce.Fearing a European financial crisis and bankruptcy of Greek, prices of gold and other minerals were continuously moving upward.

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