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    gold investing

    Gold May Drop the Most in Three Months

    Investing News Network
    Dec. 12, 2011 08:11AM PST
    Precious Metals Investing

    Reuters reported that a stronger dollar positioned gold for its biggest fall in three months.

    Reuters reported that a stronger dollar positioned gold for its biggest fall in three months.

    As quoted in the market news:

    Spot gold was last quoted down nearly 3 percent at $1,659.66 an ounce by 1508 GMT, having dropped by as much as 2.8 percent earlier to a low at $1,662.39, its lowest in three weeks, after breaking through $1,680.00, a major support line.

    Click here to read the full Reuters report.

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