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    gold investing

    Gold tumbles as profit-taking hits commodities

    Investing News Network
    Jan. 04, 2011 03:56PM PST
    Precious Metals Investing

    LA Times reports that Gold futures sank $44.10, or 3.1%, to $1,378.50 an ounce, the biggest one-day drop since July 1.

    LA Times reports that Gold futures sank $44.10, or 3.1%, to $1,378.50 an ounce, the biggest one-day drop since July 1.
    The market news is quoted as saying:

    Gold was up for five straight months through December, but with Tuesday’s drop the price is back to where it was in late November.

    Click here to access the entire news

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