Chart of the Day: Gold down after EU deal

Gold fell back this morning after the eurozone debt agreement encouraged investors to return to the stock market

Gold fell back this morning from a five-week high after the eurozone debt agreement encouraged investors to return to the stock market.

The price of spot gold dropped more than 1% to $1707.35 an ounce today as investors took profits and moved back into equities following the eurozone bailout deal reached in Brussels overnight.

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