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    XAU/USD: precious metals are declining on 06.07.2015

    European and Asian stock market indices are falling, Swiss NB is fighting strengthening Frank and oil and precious metals are declining. As continuing Greek crisis maintains uncertainty on the markets, investors reduce their risks and acquire currency safe-havens, the USD and the Yen. Greek referendum on Sunday showed that the majority of voters said ‘no’ to creditors demands. Finance Minister Yanis Varoufakis has resigned. 

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