Gold erases losses stemming from global economic uncertainty

MTECHTIPS

Gold erases losses stemming from global economic uncertainty

Gold prices rose on Tuesday, shaking off earlier losses stemming from global economic uncertainty, especially out of Europe, where Spain has yet to make it clear if it will seek a bailout.
U.S. markets were closed on Monday ahead of Hurricane Sandy, which roared ashore as a powerful post-tropical system whipping up wind, driving rains and a deadly storm surge.

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