FX.co ★ Gold falls to low of 2010

Amid strong greenback stemming from the decision of the Bank of Japan to increase the stimulation measures, gold fell to the depth since 2010.
During the session at the Chicago Mercantile Exchange gold futures with delivery in December lost 2.7% having slumped to $1,166.2 per ounce, which can be called the minimum since July 30, 2010. It should be mentioned that in 2014 gold has already added 15%, having hit its high at $1,391 per troy ounce in March.
Thereafter the precious metal started to lose weight having leveled off its previous growth by 2.7% versus the close price of December 31, 2013.
This week gold depreciated by 4.4%, which is recorded as the deepest decline since September 2013.