The Egyptian President Hosni Mubarak has left his chair today according to Vice-president Omar Suleiman in a recent speech. The 'Rais' succumbed after 18 days of people mobilizations. The gold has begun to decline after news and in matter of minutes the XAU/USD has touch the $1,359.65 level from $1,366.50.
Currently the gold is pricing at $1,361.25.
Mubarak has resigned its position after almost 30 years on charge of the egyptian people. Right now the control of the situation and the power is on military hands.