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Gold Falls as Commodities Decline Amid Global Slowdown Concern
Oct. 18, 2011 02:28PM PST
Precious MetalsBloomberg reported that concerns about a slower global economy caused gold prices to fall.
Bloomberg reported that concerns about a slower global economy caused gold prices to fall.
As quoted in the market news:
Gold futures for December delivery fell 2.5 percent to $1,633.90 an ounce at 10:01 a.m. on the Comex in New York. A close at that price would mean the biggest drop for a most- active contract since Sept. 26.
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