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Gold eases as risk appetite picks up

Precious Metals

On Monday, Gold edged lower in Europe as improving appetite for assets seen as higher risk, such as equities and the euro, led to receding interest in the metal as a safe haven.

On Monday, Gold edged lower in Europe as improving appetite for assets seen as higher risk, such as equities and the euro, led to receding interest in the metal as a safe haven.

The press release is quoted as saying:

Spot gold was bid at $1,223.35 an ounce at 1302 GMT, against $1,225.40 late in New York on Friday. U.S. gold futures for August delivery fell $5.00 an ounce to $1,225.20.

Click here to access the entire press release

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