Gold prices fell to a more than two-week low on Wednesday as Asian stocks gained and the dollar touched multi-month highs on upbeat US economic data. The yellow metal, however, remained on track to end a six-month losing streak, the longest since a period that finished in early 1997. Spot gold was 0.4 percent lower at $1,217.26 an ounce at 0419 GMT, having touched its lowest since Oct. 12 at $1,215.35 earlier in the session. It has risen about 2.4 percent so far in October, the biggest monthly gain since January. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961
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Gold prices fell to a more than two-week low on Wednesday as Asian stocks gained and the dollar touched multi-month highs on upbeat US economic data. The yellow metal, however, remained on track to end a six-month losing streak, the longest since a period that finished in early 1997. Spot gold was 0.4 percent lower at $1,217.26 an ounce at 0419 GMT, having touched its lowest since Oct. 12 at $1,215.35 earlier in the session. It has risen about 2.4 percent so far in October, the biggest monthly gain since January. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961
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