Wed, 27 Mar 2013 14:05:10 GMT
Gold lower on US recovery
On Wednesday, gold prices declined for the fourth consecutive day, following optimistic signs about the US economy, which curbed the demand for the precious metal. Sport gold prices declined by 0.3% to trade at $1,594.84 per troy ounce at 9:38 a.m. London time, while June delivery futures lost 0.1% and were traded at $1,595 on the Comex.