Gold takes flight as equities fall

STOCKS were heavily sold off overnight on concerns about Italy and US earnings growth.

Gold takes flight as equities fall Gold takes flight as equities fall Gold takes flight as equities fall Gold takes flight as equities fall Gold takes flight as equities fall

The European Commission took the unprecedented step of rejecting Italy's budget and demanding changes.

Most key indices in Europe lost well over 1%, while US stocks were down by around 0.

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