Gold declines on optimistic outlook on the euro-zone

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Gold futures experienced essential losses falling below three-day low following the meeting of Angela Merkel, German Chancellor, and Nicolas Sarkozy, French President that added optimism for progress in combating with the euro-zone crisis. On the Comex division of the New York Mercantile Exchange gold futures for delivery in February were traded at USD1,748.15 a troy ounce at the early U.S. trade, easing down by 0.18% since opening.