Gold back below USD1,200 threshold

Market news

29 December 2014

Gold back below USD1,200 threshold

Gold is trading just below the USD1,200 threshold again close to a one week high but the greenback's recent strength is weighing on the precious metal.

Trading volumes are expected to be low this week ahead of the new year's holiday which could lead to volatile and erratic markets. The precious metal is currently quoted at USD1,192.90, +1,54% a troy ounce.

GOLD currently trading at USD1,192.90

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