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Gold steady around $1,600

FinanzNachrichten.de | July 21, 2011 | 12:42 pm Precious Metals Europe Gold 

The price of gold was steady near $1,600 Thursday morning as traders await cues from the European leaders summit, due later today, on a second round of aid for Greece.

Gold for August delivery, the most actively traded contract, edged up $3.20 to $1,600.10 an ounce.

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