Gold Prices Drop Again on Weaker Euro

CNBC News reported that the price of gold fell for a second straight session on euro debt concerns.

As quoted in the market news:

Spot gold was down 0.5 percent on the day at $1,547.39 an ounce by 6:21 a.m. EDT (1021 GMT). The price has fallen by nearly 7 percent in May, marking its worst monthly performance since December, when it fell by nearly 11 percent.

Click here to read the full CNBC News report.