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Gold recovers from 5-week low

Gold recovers from 5-week low
Gold

Gold prices rebounded on Monday after hitting a five-week low in the previous session amid worries about the Greece future in the euro zone and uncertainty about the rise of the US interest rate.

At 11:01GMT, spot gold increased by $3.56 to $1182.60 per ounce.

The US dollar trimmed its early rise to $97.290 against a basket of six major currencies, after rising to $97.430 in the morning trading.