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Gold Declines for Third Day as Shares Rally, Curbing Demand From Investors
Aug. 15, 2011 03:58PM PST
Precious Metals InvestingBloomberg reported that gold was down for the third day in a row on equity market gains.
Bloomberg reported that gold was down for the third day in a row on equity market gains.
The market news is quoted as saying:
Gold for December delivery fell $6.70, or 0.4 percent, to $1,735.90 an ounce by 8:08 a.m. on the Comex in New York. Immediate-delivery gold was down 0.7 percent at $1,735.45 in London.
