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Eurozone worries spark leap in gold sales

Dealer Degussa says Germany's gold coin sales soar 35% year on year in January

    Published Fri, Feb 13, 2015 · 09:50 PM

    London

    PHYSICAL gold sales in Europe jumped in January, dealers said, as concerns over the eurozone's outlook sparked by central bank action and anti-bailout party Syriza's victory in Greek elections drove consumers to load up on bullion.

    Financial markets were roiled last month after the European Central Bank unveiled a new plan to pump billions of euros into the economy, the Swiss National Bank cut the franc's peg to the single currency, and Syriza won a snap election in Athens.

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