Gold Futures Drop After U.S. Manufacturing Unexpectedly Expands

Precious Metals

Bloomberg reported that manufacturing growth reports caused gold futures to fall.

Bloomberg reported that manufacturing growth reports caused gold futures to fall.

The market news is quoted as saying:

 Prices also fell as the dollar headed for the biggest gain in two weeks against a six-currency index. Prices touched a record $1,917.90 an ounce on Aug. 23 amid escalating debt woes in the U.S. and Europe.

To read the full market news, click here.

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