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2. HEADLINES
Gold eases; eyes on Greek debt, US fiscal woes.
Gold edged lower, trading at around $1,724 an ounce,
with investors focused on efforts to agree financial aid
for Greece, truce talks over Gaza and discussions on
how to avert a fiscal crisis in the United States. Spot
gold slipped 0.25 percent to $1,723.71 an ounce by 1506
TRADING TIP: GMT. U.S. gold was up 0.03 percent at $1,724.10. Gold
Sell Zinc Nov prices had eased as the dollar firmed after Greece's
lenders failed to strike a debt deal for the country, and
Below 104.50 later failed to react to U.S. jobless claims data, which
came in as expected.
TGTS-103.90/103.20
SL-105.10 Base metals close mainly lower.
LME three-month copper was down 1.2 per cent at
$US7,690 a metric ton. Aluminum fell 1.7 per cent to
close at $US1,930/ton. Base metals lost ground as
investors digested news that talks on Greece's next
tranche of aid have been adjourned until Monday. It
Buy Nickel Nov was hoped that an agreement on the next payment to
Greece would be reached at a meeting of euro-zone
Above 917 finance ministers late on Tuesday but differences
TGTS-924/930 between them and the International Monetary Fund
(IMF) resulted in any decision being pushed back.
SL-911
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