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Price of gold drops after French election

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The price of gold has dropped following the first round of the French election.

Since Emmanuel Macron won the first round of the presidential election with 24%, the price of gold has fallen to a seven week low.

The precious metal, which is considered a safe haven investment, saw a 1.3% loss. The price recovered during overnight trading and has remained stable since.

As of 7am BST this morning (24 April) gold is trading at around $1,271 (£1,341) per ounce.

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