Precious Metals

Bloomberg reported that gold prices dropped as investors tried to recoup losses in equity markets by selling the precious metal.

Bloomberg reported that gold prices dropped as investors tried to recoup losses in equity markets by selling the precious metal.

The market news is quoted as saying:

Gold for December delivery fell $35.20, or 1.9 percent, to $1,824.30 an ounce by 12:13 p.m. on the Comex in New York. Immediate-delivery gold was 1.9 percent lower at $1,821.22 in London.

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MARKETS

Markets
TSX19884.58-73.38
TSXV582.57-7.73
DOW33546.32-7.51
S&P 5003946.56-12.23
NASD11144.96-38.70
ASX7135.70+13.50

COMMODITIES

Commodities
Gold1762.12+2.04
Silver21.09+0.13
Copper3.700.00
Palladium2019.99+11.99
Platinum983.50+2.00
Oil82.39+0.75
Heating Oil3.41+0.01
Natural Gas6.34-0.03

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