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Gold price falls 1% to six-week low

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LONDON — Gold prices fell 1% on Tuesday as the dollar firmed against the euro and stock markets fell, with appetite for assets seen as more risky hurt by a credit downgrade of five Spanish regions and a raft of soft corporate earnings reports. Soft results statements from the likes of Caterpillar, General Electric and Alfa Laval have undermined stock markets, while Moody’s decision to cut its ratings on regions such as Catalonia pushed the eurozone debt crisis into the spotlight. Pressure on gold from weakness in stocks helped push prices to six-week lows at...

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