Gold Declines to Two-Week Low

Precious Metals

Bloomberg reports that Gold fell to a two-week low on investors sales following a 26 percent rally this year.

Bloomberg reports that Gold fell to a two-week low on investors sales following a 26 percent rally this year.

The market news is quoted as saying:

Gold futures for February delivery fell $18.10, or 1.3 percent, to $1,368.10 at 11:50 a.m. on the Comex in New York. Earlier, the price touched $1,361.60, the lowest for a most- active contract since Nov. 29.

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