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Gold Slips To Weekly Low

Gold futures fell to their lowest in a week Wednesday, as the dollar strengthened versus major rivals.

On a day bereft of U.S. economic data, June gold fell $10.70, or 0.8%, to settle at $1,283.40/oz, the lowest since April 12.

Eurozone inflation slowed as estimated initially to a three-month low in March, latest data from Eurostat showed Wednesday.

The harmonized consumer price index rose 1.5 percent year-on-year after 2 percent increase in February, which was the highest since January 2013.

by RTT Staff Writer

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