• Gold declined sharply

Market news

15 April 2014

Gold declined sharply

Gold prices are significantly reduced against the publication of statistics on inflation in the UK and the U.S. and the eurozone torgbalansu .

Investors in the gold market , which has traditionally been regarded as a defensive asset inflation risks , drew attention to the statistical data from the UK. Inflation in the country in March at an annual rate slowed to 1.6% from 1.7 % in February , reaching the minimum rates since October 2009. On a monthly basis , prices rose by 0.2%. Indicators in line with analysts' expectations .

Pressure on the price of the precious metal and have the data from the euro zone , where the trade balance surplus in February rose to 13.6 billion euros. Figure significantly exceeded forecasts : analysts expect it at 10 billion euros .

In the U.S., a key measure of inflation rose >

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