12.02.2013 - Recent optimism "making gold's safe haven properties redundant"
U.S. dollar gold prices fell to a one-week low Monday morning in London, dropping to $1,660 per ounce, as dealers in Asia reported quiet trading, with China celebrating the Lunar New Year holiday. "We are neutral [on gold] until the current consolidation resolves itself," says the latest technical analysis report from bullion bank Scotia Mocatta. Silver fell to $31.27 an ounce its lowest level in nearly two weeks while stocks were broadly flat and commodities edged lower as the Dollar strengthened...............................................Full Article: Source
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