Arab Today, arab today gold falls on declining euro
Last Updated : GMT 15:50:29
Arab Today, arab today
Arab Today, arab today

Gold falls on declining euro

Arab Today, arab today

Arab Today, arab today Gold falls on declining euro

New York - UPI

Gold fell Thursday on the declining euro and a lack of optimism the Federal Reserve plans to increase stimulus in the near future, analysts said. Gold for August delivery fell $10.40, or 0.7 percent, to $1,565.30 a troy ounce on the Comex division of the New York Mercantile Exchange. The euro fell below $1.22 Thursday, recovering slightly to $1.2206 late in the day. Against the yen, the dollar was 79.28 yen from 79.31 yen. The British pound was $1.5433 from $1.5428. The Intercontinental Exchange Dollar Index was up 0.18 percent to 83.62.

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