Gold Prices Fall 1.8% On Euro Skepticism
Gold prices fell Thursday nearly 1.8 percent to $1,553.20, a new four-week low, in early afternoon trading amid pessimistic expectations of this week's European Union summit.
Investors appeared dubious about whether European leaders would take the steps necessary to bring economic and political stability across the euro zone.
Since Feb. 29, gold prices slid 9.5 percent.
© Copyright IBTimes 2024. All rights reserved.
Join the Discussion
Editor's pick