Gold Falls to Six-Week Low on Draghi Deflation Warning

Gold futures fell below $1,700 an ounce to a six-week low as European Central Bank President Mario Draghi said his plan to buy government bonds “will not lead to inflation.” Draghi said in Berlin that “in our assessment, the greater risk to price stability is currently falling prices in some eur…

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Gold Falls to Six-Week Low on Draghi Deflation Warning