Gold Fell To Month-low Level In Asia

Asian Gold fell 1 percent to the one month-low Wednesday while silver and platinum were near 1-month lows as the US currency gained, triggering panic selling.

Spot gold fell to $425.80 an ounce, its lowest since February 21 in early Asian trade in Singapore.

Dealers don?t rule out the possibility that gold falls further to $420 because people are nervous, however, they suppose that once the selling pressure is over, price should go up again.