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. Last Updated: 07/27/2016

Gold Slips Off Highs

LONDON -- Gold prices slipped lower in Europe after spot bullion prices reached fresh two-year highs of $331.50 an ounce in Asia early Tuesday.

Spot gold was last quoted at $325.50/$327.50 a troy ounce, compared with the New York close of $323.50/$325.50.

Asian traders said gold rose to its highest level since Oct. 9, 1997. It opened in Europe at $325.00/$327.00.