USD\EUR 0.9050 CNY\EUR 0.1305 CHF\EUR 0.9333 CAD\EUR 0.6895 AUD\EUR 0.6201 EUR\USD 1.1050 CNY\USD 0.1442 CHF\USD 1.0312 CAD\USD 0.7618 AUD\USD 0.6852

Commerzbank: gold eases on profit-taking; ETF holdings decline

(Kitco News) – Commerzbank is chalking up the retreat in gold prices to selling in the form of profit-taking, adding that holdings of the metal by exchange-traded funds fell sharply since the middle of last week.