Dubai – Mubasher: Gold prices went down on Wednesday, after European markets saw a rebound in early trades.

Gold opened the day with a rise to as high as $140 an ounce, after Asian and European bourses sagged at open. However, it fell by 0.07% after European shares reversed their downtrend.

UK’s FTSE rose 0.19% at 10:45 GMT, while German DAX added 0.13% and French CAC gained 0.17%.