Gold falls for third day as Cyprus deal curbs demand

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Source: Bloomberg
Gold futures traded in London decreased for the third straight day on Tuesday amid speculations that the new Cyprus bailout plan will curb the demand for the metal as a wealth protection. March gold futures dropped 0.5% to $1,596.43 earlier on Tuesday in London, while gold for delivery in June slipped 0.6% to $1,597.30 on New York's Comex.

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Tue, 26 Mar 2013 15:14:11 GMT

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