Gold Plummets 2.2 Percent, On track for Biggest Loss Since April 15

Reuters reported that gold is on pace to mark its biggest slide since April 15, when it experienced its historic drop, pushed down today by questions around industrial demands for metal out of the U.S. and China.

As quoted in the market report:

Investor jitters ahead of the Federal Open Market Committee’s comments about the U.S. monetary outlook also triggered some bullion selling, traders said.

To view the whole Reuters report, click here.