RTRS:Gold falls 1 pct as Europe crisis prompts shift to dollar
(Reuters) - Spot gold and U.S. gold futures fell 1 percent on Wednesday as the threat of the euro zone debt crisis engulfing bigger nations in the area prompted investors to shift to dollar holdings.
Spot gold dropped 1 percent to $1,763.39 an ounce at 0550 GMT and U.S. gold declined 1 percent to $1,764.10.