gold Price fell reasons

1.Investors disappointed with the European Central Bank president Mario Draghi (Mario Draghi) for efforts to combat the European debt crisis talk.
2.Fed will the cost of borrowing is maintained at an unprecedented low of
3. investment of the EBRD disappointed. Not to take action means that growth in the next few months will continue to slow down
4. by the European debt events, the EPS of the world's leading companies are followed by decline, analyst of energy, raw material stocks, earnings estimates for repair
5. of economic uncertainty
3. geo-political tensions
7. 11mon  U.S. presidential election variables