Gold prices fall on world markets

Gold price technical analysis 30 - May, 2013

– The price of gold fell yesterday by 0.6% to 1584.4 USD to squander the gains recorded by the euro’s rise after the agreement of Ministers of Europe’s plan to save $ 125 billion to banks to Spain.

By the time stood at 14.05 GMT contracts instant of the metal yellow 1584.4 USD/Troy per ounce (ounce) fell futures for August delivery in New York Stock Exchange 5.2 to $ 1586.20 dollars per troy ounce (ounce).

And outperformed other precious metals gold performance in the hope of the emergence of a solution to the debt crisis of the euro area. The biggest gainers, platinum and palladium in silver also rose by more than one percent.
The price of silver rose 0.5% to 28.63 dollars an ounce. The price of platinum in the spot market 1.1% to 1438.15 dollars an ounce. The palladium price rose 1.8% to 620.72 dollars