Gold fall on dollar strength; market mulls demand
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Posted On: 02/14/2013 5:42:21 PM
Gold fall on dollar strength; market mulls demand
World Gold Council: 2012 gold demand hit record in value terms
SAN FRANCISCO (MarketWatch) — Gold futures on Thursday fell to trade around their lowest levels in six months, with a stronger dollar and subdued demand amid holidays in China weighing on the metal.
Investors also assessed the outlook for gold considering disappointing economic data from the euro zone, a fall in U.S. jobless claims and a report on last year’s gold demand trends. http://www.marketwatch.com/story/gold-prices-...atest_news
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