Gold Falls on Wednesday

Reuters reported that gold fell on Wednesday, as investors turned towards the dollar as a haven.

As quoted in the market report:

Rallying with world shares, gold jumped to around $1,731 an ounce, its strongest since Oct 23, but later lost traction as the dollar built momentum to last stand at $1,713.14 at 1530 GMT, down 0.1 percent on the day. U.S. gold for December was down 60 cents at $1,714.40.

To view the whole Reuters report, click here.