Gold came under pressures amid thin trading volumes as Chinese market was closed due to the week-long Lunar New Year holidays. U.S. gold futures for April delivery settled down $17.80 at $1,649.10 an ounce, with trading volume about 5 percent above its 250-day average. This morning gold continues to decline trading at 1645.35 off by $3.75 prices were down as physical demand from Asian markets dried up due to Lunar New Year holidays and hurt prices.
Gold was also hurt as investors remained cautious ahead of the G20 meeting which could give direction to the global currencies movement Continue Reading
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