Articles Tagged "eurozone"

Gold Drops to $1,224.15 as US Dollar Hits Five-week High

Gold – On Wednesday, spot gold dropped 0.8 percent, to $1,224.15 an ounce, as the US dollar gained against world currencies. Meanwhile, US gold futures for April delivery slid $8, to $1,224.20 an ounce. While investor concerns about Eurozone meetings on Greek debt limited the metal’s fall, the dollar’s rise and anticipated Federal Reserve interest rate hike drove gold downward. Because the Eurozone [...]