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Gold bars are displayed at a gold jewellery shop in the northern Indian city of Chandigarh
Gold weakens on euro, on track for 6 % loss in May
Gold tracked the euro lower on Friday en route to its weakest monthly performance since December, pushed down by fears the debt crisis in Europe could spiral out of control and trigger a global economic slowdown. Even though traditionally seen as a safe haven, gold has borne the brunt of the sell-offs across risk assets such as equities, industrial metals and oil, forcing investors and speculators
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