Thursday 11 September 2014

(Reuters) - Gold fell to its lowest level in 7-1/2 months on Thursday on a strong dollar and as tensions in Ukraine appeared to ease, failing to benefit from weaker shares after an unexpected rise in U.S. jobless claims.

Spot gold slipped 0.7 percent to $1,240.30 an ounce by 1414 GMT, after dropping to its lowest since Jan. 31 at $1,238.15 in earlier trade.

See full article on reuters.com