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Gold declined
Gold declined from a two-week high as investors awaited a vote in Slovakia to approve the European bailout fund. Slovakia is the only country in the 17-nation euro area that hasn’t ratified a planned reinforcement of the European Financial Stability Facility. The nation’s four-part coalition yesterday failed to resolve a dispute with rebel lawmakers, threatening to delay measures to stem Europe’s debt crisis. U.S. stock futures declined and the euro was little changed after reaching a three-week high against the dollar yesterday as Slovakia’s parliament prepared to vote.
Futures for December delivery were little changed at $1,665.50 an ounce.
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