Gold falls to its lowest level in two weeks

Gold Bulls Retrench as Price Drops Most in 32 Years: Commodities

Gold falls to its lowest level in two weeks

Gold fell to its lowest level in about two weeks during Asian trading on Thursday as investors awaited U.S. data for guidance on the strength of the largest economy in the world , while platinum fell from its highest level in two and a half before the planned strikes in the mines of South Africa.

The price of spot gold 0.4 percent, to 1235.20 dollars an ounce by 0255 GMT, time after scoring earlier to $ 1232.19 , its lowest level since the tenth of January.

Platinum fell from the highest level in two and a half struck on Monday with expectations that stops half the world’s production of platinum on Thursday with a pledge labor unions in South Africa to go ahead with strikes to press for wage increase

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