Gold futures decline

Note: This section contains information in English only.
Source: Forexpros

Gold futures decreased today but did not fall below the psychologically important level of USD 1,700 an ounce.  The decline was caused by the lower-risk aversion among investors ahead of EU finance ministers' meeting; gold is considered to be a safe investment option with higher demand when the risk-aversion increases. On the Comex division of the New York Mercantile Exchange, gold futures for February delivery cost USD 1,710.75 a troy ounce at the morning European trade, being 0.22% lower.    

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