Gold Prices Fall On Absence of Stimulus Plans

CNBC News reported that gold prices fell as the Federal Reserve offered no indication of further economic stimulus.

As quoted in the market news:

Spot gold was at $1,577.30 an ounce by 9:41 a.m. EDT (1341 GMT), down almost 1 percent from $1,589.15 late in New York the previous day. Earlier it hit a session low of $1,561.44, its lowest in a week.

Click here to read the full CNBC News report.