Gold reverses losses ahead of Cyprus vote

by | March 20, 2013 1:13 pm

 Gold reversed earlier losses on Tuesday, hitting a 2-1/2 week high above $1,610 on renewed flight-to-safety investment ahead of an imminent vote in the Cypriot parliament on a bailout plan. Cyprus’s parliament was set to reject an unpopular tax on bank deposits in Tuesday’s vote, a government spokesman said, a move that would push the…

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