Gold tumbles as profit-taking hits commodities
Investing News Network - January 4th, 2011
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.