Gold races to 28-month high, oil pressured as Brexit fears return

Gold bullion is displayed at Hatton Garden Metals precious metal dealers in London, Britain July 21, 2015. Gold was on the brink of five year lows on Tuesday, with more losses expected in the coming months following Monday's "bear raid" when sellers dumped an estimated 33 tonnes in just two minutes. REUTERS/Neil Hall

"The market is beginning to focus on the wider euro zone risk," said Ric Spooner, chief market analyst at CMC Markets https://www.cmcmarkets.com/en-gb/ in Sydney.