Gold ends its rally as equity rise after Cyprus bailout agreement

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Source: Bloomberg

A three-week long rally of gold ended on Monday as the commodity decreased in London after global shares recorded a one-week high amid Cyprus's decision from yesterday night to agree with the new Eurozone's bailout plan. March Gold futures declined 0.4% to $1,602.76 an ounce earlier on Monday London session, while futures for June delivery dropped 0.3% to $1,603.50 on the New York's Comex.


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Mon, 25 Mar 2013 13:10:10 GMT

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