Gold down 2 pct, at 3-month low as dollar surges

Gold fell 2 percent to a three-month low on Wednesday, as the dollar rallied against the euro on more jitters about European debt, while losses in U.S. equity and commodity markets triggered a technical sell-off of the precious metal.

Yahoo! Singapore | December 28, 2011 - 8:47 pm
Categories: Precious Metals

Gold fell 2 percent to a
three-month low on Wednesday, as the dollar rallied against
the euro on more jitters about European debt, while losses in U.S.
equity and commodity markets triggered a technical sell-off of the
precious metal.

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