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Gold Falls to One-Week Low on Sales to Cover Losses in Slumping Equities
Jun. 13, 2011 11:33AM PST
Precious MetalsBloomberg reported that gold declined as investors covered equity market losses.
Bloomberg reported that gold declined as investors covered equity market losses.
The market news is quoted as saying:
On the Comex in New York, gold futures for August delivery fell $2.10, or 0.1 percent, to $1,527.10 at 10:16 a.m. Earlier, the price touched $1,523.50, the lowest for a most-active contract since June 2.
