Yesterday Gold rose after two days declining, as tumbling European and U.S. equity markets sparked by talk that Germany might enact a short-sale ban prompted investors to buy gold as a safe haven.
Bullion dropped as much as 3 percent or more than $200 from Tuesday's record highs, as funds liquidated positions due to CME Group's second margin hike this month and technical weakness.
Bullion dropped as much as 3 percent or more than $200 from Tuesday's record highs, as funds liquidated positions due to CME Group's second margin hike this month and technical weakness.
