The gold price closed at $1,250.00 down $4.60 on Wednesday in New York after falling to $1,245. In Asia and London, gold prices recovered back to $1,250. The gold price was Fixed at $1,247.00 down $8.75 and in the euro at €964.20074.507 down €10.307 while the euro was stronger at $1.2933. Ahead of New York’s opening, gold was trading at $1,240.90 and in the euro at €960.67.