Gold Prices Fall After European Election Results Signal Anti-Austerity

CNBC News reported that gold prices dropped as investors reacted to European election results and a falling euro.

As quoted in the market news:

Spot gold was down 0.2 percent at $1,638.11 an ounce at 1343 GMT, while U.S. gold futures for June delivery were down $5.90 an ounce at $1,639.30.

Click here to read the full CNBC News report.