Gold Pushed Down by Concern Over Greek Debt Deal Terms

CNBC reported that gold tumbled  for the third consecutive day on Wednesday, as investors expressed concern over the terms of the Greek debt deal.

As quoted in the market report:

Andrey Kryuchenkov, analyst with VTB Capital, said that gold had become a “risk off” asset as speculators took profits as shares and commodities fell.

To view the whole CNBC report, click here.