Gold Prices Down On Economic Concerns

Reuters reported that gold prices fell 2% after the Federal Reserve declined to implement more economic stimulus measures.

As quoted in the market news:

Spot gold was down 2 percent at $1,574.40 an ounce by 12:25 p.m. EDT, having earlier hit a low of $1,566.29 an ounce.

Click here to read the full Reuters report.