Gold corrects some of the gains, pressured by the strengthening U.S. dollar

Fundamental Precious Metals (2012-01-30)

30 January 2012 @ 04:03 am EDT

Gold corrects some of the gains, pressured by the strengthening U.S. dollar

With the start of this new week gold began the session weak and declined sharply due to the heavy pressures forced by the U.S. dollar, which sent the majors and other metals in addition to the commodities to the downside ahead of the awaited European Summit and other important economic data awaited later in the session today.

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