Gold for April contract fell $ 1.10 to $ 1,612.80 an ounce in Asian trading. Yesterday gold closed up $ 6.30 $ 1,613.80 per ounce on the Comex, a falling U.S. stocks and fears of the financial crisis in Cyprus.
It seems that today the purchase of safe haven assets slack, at least weigh of the currency market. The ICE Dollar Index fell to 82,748 from 82,833 on Thursday. But buying gold can still continue amid increased liquidity.
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