Gold fell slightly Tuesday amid fears of debt crisis in the euro area countries of the ocean to the core countries that kept the tension and prompting some investors to liquidateprofitable positions in gold futures to cover losses in other assets.
The cost of insurance on bonds French and Spanish for five years against default to record highs, while the widened gap between the yield on government bonds the Frenchfor ten years and its counterpart German to a record high amid fears of a worsening debt crisis and its spread to the economies of the largest in the euro area.
The price of gold in the spot market 0.37% to 1755.75 USD/Troy an ounce.
The decline in the price of silver 0.74% to 33.43 dollars an ounce from 33.68 dollars at theclose in New York. And the price fell Platinum 0.06% to 1611.8 dollars an ounce from1612.7 dollars in New York. And the price fell palladium 0.97% to 638.47 dollars an ounce from 644.72 dollars in New York.