Gold teeters on the brink of $1200

GOLD fell below US$1200 an ounce early this morning, but is currently sitting just above that level.

Gold teeters on the brink of $1200 Gold teeters on the brink of $1200 Gold teeters on the brink of $1200 Gold teeters on the brink of $1200 Gold teeters on the brink of $1200

The yellow metal suffered as the US dollar rose.

Comex gold futures for December plummeted to $1198.60 an ounce overnight and last traded at $1201.

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