Gold futures for December delivery tumbled $95.80, or 5.1%, to settle at $1,765.50 an ounce -- the lowest level in a week.
>>>Go on reading
Thursday, August 25, 2011
Gold sinks 5% as stimulus hopes wane
CNN Business News
NEW YORK (CNNMoney) -- Gold prices dropped sharply Wednesday after a surprisingly strong report on new orders for durable goods dashed hopes of more easing from the Federal Reserve.
Gold futures for December delivery tumbled $95.80, or 5.1%, to settle at $1,765.50 an ounce -- the lowest level in a week.
>>>Go on reading
Gold futures for December delivery tumbled $95.80, or 5.1%, to settle at $1,765.50 an ounce -- the lowest level in a week.
>>>Go on reading
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