Reuters reported that gold prices dropped after heavy trading volume, breaching a key support.

As quoted in the market news:

Spot gold was down 1.9 percent at $1,673.19 an ounce by 11:08 a.m. EST (1608 GMT), having earlier hit a six-week low of $1,663.95. U.S. gold futures for April delivery fell $29.70 to $1,674.20.

Click here to read the full Reuters report.