Despite the slight downgrade, Draghi tried to strike an optimistic tone, saying during the question-and-answer portion of the press conference that drivers of economic growth are still in place.
“The drivers are there but they are just weaker,” he said.
The comments created some weakness in the euro, with prices dropping o a low of $1.13417 against the U.S. dollar.
A stronger U.S. Dollar Index is also weighing on gold prices. February gold futures last traded at $1,245.60 an ounce, down 0.35% on the day.
