Gold Prices Fall on Euro Debt Concerns

Reuters reported that gold prices dropped as investors worried about Euro credit downgrades.

As quoted in the market news:

Spot gold was down 0.2 percent at $1,719.36 an ounce by 11:06 a.m. EST, having touched an intraday low of $1,711.70 earlier in the day.

Click here to read the full Reuters report.