Gold spot price has climbed nearly 12 percent so far in 2012, supported by positive economic data and monetary policy guidance in the US.
Reuters reported that gold prices dropped the most in a month as investor risk waned.
Reuters reported that gold prices fell for a second day prior to announcement of the Federal Reserve monetary policy.
Reuters reported that gold prices fell as the euro ended its rally.
Reuters reported that gold prices fell along with the euro as a short rally was seen to be ending.
Reuters reported that increases in the Euro also supported another increase in gold prices.
Reuters reported that gold prices were at a 5-week high on higher euro and commodity prices.
Reuters reported that a stronger euro and stock market recovery pushed gold prices up.
Reuters reported that gold prices rose on news the European economy may be stabilizing.
Financial Post reported that gold prices increased following four days of losses.
Friday, February 3, 2012