Gold Falls on Weak China Data, Lower U.S. Stocks

Reuters reported that a lower euro and drops in equity markets pulled gold prices down.

As quoted in the market news:

Spot gold was down 0.6 percent to $1,689.29 an ounce by 2:25 p.m. EST, sharply off an earlier low of having fallen to a low of $1,677.08.

Click here to read the full Reuters report.