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    gold investing

    Gold Dips Slightly to $1,217.25 per Ounce

    Investing News Network
    Jan. 07, 2015 09:00AM PST
    Precious Metals Investing

    Gold held to recent gains on Wednesday, according to iNVEZZ.com. The source reported the precious metal was trading near a three-week high.

    Gold held to recent gains on Wednesday, according to iNVEZZ.com. The source reported the precious metal was trading near a three-week high.

    Spot gold fell less than 0.1 percent, or $0.90, to hit $1,217.25 per ounce. This is surprising, as experts agree that wait for the forthcoming minutes of the latest U.S. Federal Reserve meeting has led to a wane in demand.

    Meanwhile, gold for February delivery fell considerably more, decreasing $3.6 to $1,215.4 per ounce.

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