Gold futures slip along with euro

Posted by Forexsq 973 days ago (
img Gold futures slipped on Tuesday, as a ramp-up in pressure on the euro due to renewed concern about Europe outweighed the metal’s safe-haven qualities.

Gold for April delivery GCG3 -0.12% lost $1.70 to trade at $1,674.80 an ounce in electronic trading on Tuesday.

The yellow metal climbed $5.80, or 0.4%, to $1,676.40 an ounce on the Comex division of the New York Mercantile Exchange in regular trading Monday as political turmoil in Europe ramped up, even as the euro fell against the dollar.


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