Gold futures decline below $1,700 an ounce

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Source: Marketwatch
© Scanpix/Reuters

Gold futures decreased below $1,700 an ounce; yellow metal lost $17.10 to $1,678.80 an ounce at electronic trading on Globex. The losses followed the increase in Dollar index by 0.5% to 79.496. Increase in the Dollar value usually pushes gold price down as higher greenback makes the commodity more expensive for other currency holders.

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Fri, 25 Nov 2011 14:07:16 GMT

US stock futures decline on the euro zone woes

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