Gold Down on Eurozone Uncertainty
Gold followed the equities lower on Friday, as discord among the G20 leaders on boosting the IMF’s firepower to fight the Eurozone debt crisis led to investor apprehension.
Articles Tagged "gold safe haven"
Gold falls 3 pct as dollar firms
Reuters(London) reports the US dollar firmed up against Euro while gold fell about 3 percent. Spot gold <XAU=> was quoted at $786.15/788.65 an ounce at 1304 GMT, down from $804.50 late in New York on Thursday, when it slipped 5 percent. Earlier it touched a low of $777.80. Matthew Turner, at commodity analysts VM Group says: [...]
