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Gold falls to lowest since December 2011

LONDON: Gold priced in euros fell to its lowest in nearly 14 months on Wednesday as spot bullion prices came under pre
Published February 20, 2013

217LONDON: Gold priced in euros fell to its lowest in nearly 14 months on Wednesday as spot bullion prices came under pressure from waning investor interest, while the euro held firm after upbeat German data earlier this week.

 

Euro-denominated gold fell as low as 1,189.86 euros an ounce and was down 0.7 percent at 1,190.12 euros an ounce at 1059 GMT. Prices have fallen 6.2 percent since the start of the year.

 

Copyright Reuters, 2013

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