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    gold-investing

    Gold Prices Down on Federal Reserve Signals

    Investing News Network
    Apr. 04, 2012 02:38PM PST
    Precious Metals Investing

    Bloomberg reported that gold prices fell as investors did not see additional stimulus being provided by the Federal Reserve.

    Bloomberg reported that gold prices fell as investors did not see additional stimulus being provided by the Federal Reserve.

    As quoted in the market news:

    Gold futures for June delivery fell 3.5 percent to settle at $1,614.10 an ounce at 1:35 p.m. on the Comex in New York, the biggest drop for a most-active contract since Feb. 29. Earlier, the metal touched $1,613, the lowest since Jan. 10.

    Click here to read the full Bloomberg report.

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