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Gold firms on euro strength after Macron wins French elections

Gold edged up on Monday on bargain-hunting after dipping to a seven-week low earlier in the session and as the euro strengthened after pro-EU candidate Emmanuel Macron won the French Presidential election.

Spot gold rose 0.3% to $1 230.64/oz as of 07:27 GMT, after touching 1 224.86 earlier in the session, its lowest since March 17.