Gold falls with global equities and the euro amid a reluctance to risk

Gold price technical analysis 17 - June, 2013

Gold prices fell on Wednesday, with the exposure of euro sales to reap profits and falling stock markets and the rush to risk the day before its momentum after data showed a decline in German exports and imports.

The move prompted speculation the ongoing close of the European Central Bank to address the crisis of the euro area falling euro and gold is the precious metal could not hold the level of 1610 dollars an ounce, which was overtaken on Tuesday.

He stayed in the Gold Spot 0.2% to 1607.21 dollars an ounce, and gold fell U.S. $ 2.80 for December delivery to 1610 dollars, the price dropped immediately to the Silver 0.6% to 27.91 dollars, tracking losses of gold.

Platinum fell 0.4% to 1396.60 dollars an ounce, while palladium rose 0.6 percent to 583 dollars per ounce.