Gold Prices slipped to a three week low in Europe on Wednesday testing technical support above $1030 an ounce, as the dollar index edged higher eroding interest in the precious metal an alternative assets.
Free Intraday Share Tips
The precious metal is also suffering from weakness in physical demand, with the world’s largest gold exchange fund reporting a second daily outflow on Tuesday dealers said. Spot gold was bid at $1033.10 an ounce t 1240 GMT against $1038.80 late in New York on Tuesday. Earlier it touched a low of $1030.10 an ounce.
Related Pages :
