The euro hit a seven month low against the dollar on fears on economic stability in the euro zone, which dampened investor demand for dollar-denominated gold.
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Us Gold Falls To 4 Month Low
U.S. gold futures settled down on Wednesday almost falling to a 4 month low
U.S. gold futures settled down on Wednesday almost falling to a near-four-month low amid weakening euro.
August delivery gold futures fell $1.10 at $417.80 an ounce on the COMEX division of the New York Mercantile Exchange, dealing from $419.90 to $416.70.
The euro hit a seven month low against the dollar on fears on economic stability in the euro zone, which dampened investor demand for dollar-denominated gold.
The euro hit a seven month low against the dollar on fears on economic stability in the euro zone, which dampened investor demand for dollar-denominated gold.
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