Gold Stays Above $1570 As Euro Drops

CNBC News reported that gold prices pared last week’s increases, responding to a drop in the euro.

As quoted in the market news:

Spot gold was at $1,573.16 an ounce at 1405 GMT (11.05 p.m. EDT), little changed from its late Friday level and off a high of $1,583.50. The precious metal fell 1.1 percent last week.

Click here to read the full CNBC News report.