Spot Gold Declines on Haven-Demand Concern; Platinum Slumps

Gold declined on speculation that haven demand may wane as reports from the U.S. to China signaled improving growth in the world’s two largest economies. Platinum dropped for a second day, retreating from the highest since 2011.
Gold for immediate delivery lost as much as 0.2 percent to $1,668.05 an ounce and traded at $1,671.05 at 10:25 a.m. in Singapore. Prices are little changed this week after declining 0.4 percent yesterday. Gold for April delivery was little changed at $1,670.60 an ounce on the Comex in New York
read more : http://www.bloomberg.com/news/2013-02-08/spot-gold-declines-on-haven-demand-concern-platinum-slumps.html