Tue, 28 Feb 2012 10:22:48 GMT
Gold plunges on the weak physical demand
Gold futures decreased during the Asian session on the softer physical demand as well as on stronger Euro. Gold changed its usual inverse move to the US Dollar and now showed more direct relationship with the greenback's fluctuations. COMEX gold April contract traded at 1,769.25 US Dollars per ounce on the New York Mercantile Exchange, losing 0.32%.