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A European Commission assessment of what Cyprus needs to do as part of its European Union/International Monetary Fund bailout showed it was set to sell gold reserves to raise around 400 million euros. While Cyprus' gold sale in itself is small, heavily indebted euro zone nations such as Italy and Portugal could also find themselves under cheap air max 90 increasing pressure to put their bullion reserves to work. Wary investors continued to cut exposure to gold due to this reason.. However, ...
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