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Gold Prices Fall as Feds Maintain Monetary Policy
May. 02, 2012 06:40AM PST
Precious Metals InvestingBloomberg reported that gold prices dropped for a third day as the Federal Reserve declined any further easing of monetary policy.
Bloomberg reported that gold prices dropped for a third day as the Federal Reserve declined any further easing of monetary policy.
As quoted in the market news:
Gold for June delivery fell 0.6 percent to $1,652.20 an ounce by 8:01 a.m. on the Comex in New York. Prices reached $1,672.30 yesterday, the highest since April 13.
