Gold ends lower amid concerns

CHICAGO, Nov. 13 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange settled lower Tuesday, as concerns over the U.S. fiscal cliff and eurozone debt crisis kept investors on edge.

The most active gold contract for December delivery fell 6.1 dollars, or 0.35 percent, to settle at 1,724.8 dollars per ounce.

Gold futures had touched a low of 1,717.6 U.S. dollars on the day. In Europe, eurozone finance ministers deferred releasing the next round of emergency funding for Greece. Jean-Claude Juncker, prime minister of Luxembourg who chairs Eurogroup meetings of regional finance ministers, said the ministers hoped to agree on Greece at a meeting set for Nov. 20, according to reports.

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