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Gold Fell as Greece Agreed to Send New Proposal

Precious metals slumped on a stronger US dollar. Gold struggled near 4-month lows with the benchmark Comex contract losing -1.75% at close. Safe haven demands diminished as Greece agreed to present another proposal to the Eurogroup. Iran and the Western powers also agreed to talk after the July 7 deadline. Silver got hammered with the benchmark Comex contract slumping -4.94%.

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Gold Fell as Greece Agreed to Send New Proposal

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