The dollar rose 0.3 percent against the euro after climbing 1 percent yesterday. Holdings in bullion-backed exchange-traded products fell about 1.5 percent from a record on Dec. 14, according to data compiled by Bloomberg. Gold is still up 7.5 percent this year, heading for an 11th consecutive advance.
Gold for immediate delivery fell as much as 2 percent to $1,524.80 an ounce, the lowest since July 7 and was at $1,527.49 an ounce by 11:08 a.m. in London.
Source : bloomberg.com
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