Wed, 16 May 2012 08:09:26 GMT
Gold fell as Greek uncertainty lingers
Gold futures declined during Asian trading hours on Wednesday amid escalating worries over political situation in Greece. Concerns that Greece will be forced to leave the Euro Zone continued to lend support for the gold's traditional hedge, US Dollar. COMEX gold futures for delivery in June traded at 1,540.95 US Dollars per troy ounce on the New York Mercantile Exchange,