Gold slipped to a four-month low on Wednesday, forced by a weaker euro as investors fretted about the political upheavals in Greece that endanger to sink the country into turmoil and put at risk the euro zone’s efforts to end the debt crisis.
Spot gold lost more than 1 percent to a four-month low of $1,586.74 an ounce, stretching a 2-percent slide from the earlier session. It was at $1,588.64 by 0413 GMT.
U.S. gold also slipped to a four-month trough, at $1,589.50.
|You are reading this article on analystcalls.in, Stay tuned for career, Education news, Jobs, Exam Results, Answer keys, Interviews & Job discussions, Stock Market Technical and Trading Analysis and Calls, Latest Trendy News! For regular updates like us on Facebook and Subscribe by Email to get immediate updates.|