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    gold investing

    Gold Falls to Six-Week Low

    Investing News Network
    Oct. 23, 2012 06:54AM PST
    Precious Metals

    Reuters reported that gold fell to a six-week low in Tuesday trading, pushed down by weak stock prices and by concerns over the Spanish credit downgrade.

    Reuters reported that gold fell to a six-week low in Tuesday trading, pushed down by weak stock prices and by concerns over the Spanish credit downgrade.

    As quoted in the market report:

    Spot gold was down 1.1 percent at $1,708.60 an ounce at 1241 GMT, while U.S. gold futures for December delivery were down $11.50 an ounce at $1,714.80

    To view the whole Reuters report, click here.

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