Gold lower on strong dollar, Ireland debt woes

Precious Metals

Reuters Africa reports that on Wednesday Gold prices edged lower, after dropping 2 percent in the previous session, as deepening fears over Ireland’s fiscal health.

Reuters Africa reports that on Wednesday Gold prices edged lower, after dropping 2 percent in the previous session, as deepening fears over Ireland’s fiscal health.

The market news is quoted as saying:

Spot gold edged down 0.3 percent to $1,335.75 an ounce by 0020 GMT, after falling to its two-week low of $1,329.45 in the previous session.

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