Gold falls to an almost-three-week-low on the stronger Dollar

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

On Monday, futures for gold were traded lower, declining to a 13-day low, since uncertainty over Spain supported the demand for the safe U.S. Dollar, which is negatively correlated with the commodity. On the NYMEX, December delivery futures for gold were traded at $1,748.35 per troy ounce, which was a 0.65% decrease for the European morning trading session. Earlier, prices fell by 0.9%, reaching a 13-day low of $1,743.25.

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