Weak demand leads to lower gold prices

Gold prices fell throughout the trading day yesterday, as caused by risk aversion in the market in the direction of gold to trend downward. In addition, the weakness of the euro has suspended the gold commoditymore expensive for foreign buyers, which could consequently lead tolower paid gold. Gold has fallen more than $ 15 an ounce and the lowest level at 1580.20 during the European session. Today, Weatheranalysts that gold still has room to decline as long as a constantconcern about … Continue reading