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Gold eases below $1,350 as dollar recovers

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On Tuesday, Gold eased in Europe as the dollar recovered on the back of uncertainty over the extent of quantitative easing expected from U.S. authorities, denting interest in the metal as a haven from weak currencies.

On Tuesday, Gold eased in Europe as the dollar recovered on the back of uncertainty over the extent of quantitative easing expected from U.S. authorities, denting interest in the metal as a haven from weak currencies.

The press release is quoted as saying:

Spot gold was bid at $1,349.90 an ounce at 1333 GMT, against $1,352.95 late in New York on Monday. U.S. gold futures for December delivery fell $3.90 an ounce to $1,350.40.

Click here to access the entire press release

europequantitative easingCompany News

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