Gold firms on euro strength after Macron wins French elections
Business
By
Maina Mwangi
| May 09, 2017
Gold firms on euro strength after Macron win.
Gold edged up on bargain-hunting after dipping to a seven-week low earlier in the session and as the euro strengthened after pro-EU candidate Emmanuel Macron won the French presidential election.
Spot gold rose 0.3 per cent to $1,230.64 per ounce as of 0727 GMT, after touching 1,224.86 earlier in the session, its lowest since March 17.
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