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Gold prices fall more than 1 pct to 2/1-2 week low

23 April 2012 By admin

LONDON, April 23 (Reuters) – Gold prices fell more than 1
percent on Monday to a 2-1/2 week low at $1,619.99 an ounce, as
heavy selling of Comex gold futures accelerated early losses
related to the weaker euro.

Spot gold was down 1 percent at $1,625.26 an ounce at
1232 GMT, while U.S. gold futures for June delivery were
down $15.70 an ounce at $1,627.10.

(Reporting by Jan Harvey, editing by William Hardy)

© Thomson Reuters 2012 All rights reserved





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Filed Under: South Africa Tagged With: news, reuters, south africa

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