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LONDON, June 29 (Reuters) - Gold prices pared gains in line with the euro on Wednesday after the Greek parliament voted in favour of a fresh package of austerity measures.
Wednesday's vote clears a major hurdle in Greece's bid to win access to international funding to avoid default.
Greece's government must now win approval on Thursday for legislation detailing specific implementation measures for the 28-billion-euro austerity package.
A positive vote was essential for Greece to obtain new funding from the European Union and International Monetary Fund, which it needs to help the country to manage its huge debt burden.
At 1320 GMT, spot gold was bid at $1,506.79 an ounce, against $1,500.50 late in New York on Tuesday. Earlier it rose as high as $1,509.96.
(Reporting by Jan Harvey)