Gold touches its four-week low

Note: This section contains information in English only.
Source: CNBC
The bullion dropped to its four week-low on Tuesday, following a fresh stream of hawkish comments from US Federal Reserve officials, which helped the US Dollar to trade higher. Thus, gold prices declined 1.81% to $1,228.90 per troy ounce by 17:00 GMT on the New York Stock Exchange. 
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Wed, 25 May 2016 14:46:34 GMT

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On Wednesday, financial agency Markit announced May's US preliminary Purchasing Managers' Index reading for the service sector. The Index dropped to 51.2 points, following the 52.8 result seen in the previous month, when it hit a three-month high, and missing the 53.0 market forecast.

Tue, 24 May 2016 17:05:04 GMT

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The US Dollar traded higher against other major currencies by 16:30 GMT on the New York Stock Exchange. It appreciated 0.63% against the Japanese Yen, trading at 110.03 yens. Meanwhile, the Aussie dropped 0.54% and the Euro declined 0.63% against the Greenback, trading at $0.7185 and $1.1143 respectively.

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