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Gold hovers near 5-year low, eyes on Shanghai
MANILA - Gold held near its lowest level in more than five years early on Tuesday after tumbling more than 4 percent the session before in an early-Asia rout, pulling bullion below the key $1,100 support.
Monday's selloff began shortly after the Shanghai Gold Exchange opened trading when liquidity was thin and investors are eyeing the bourse for any further selling pressure. -Reuters