Gold Drops in Thin Volume Tracks Riskier Assets

Gold fell on Friday in one of the quietest trading day, as the metal tracked riskier assets on fresh worries about the euro zone bailout fund and a mildly encouraging U.S. nonfarm payrolls report.

Bullion came under pressure on market frustrations that the euro zone won verbal support but no new money at a Friday's G20 summit for its tortured efforts to overcome a sovereign debt crisis.


SOURCE:  09200009266

http://in.reuters.com/article/2011/11/04/us-markets-precious-idINTRE7A017520111104