Gold Tumbles on Outlook for Economic Recovery

Bloomberg reports that Gold tumbled the most in six months on speculation that an economic recovery.

The market news is quoted as saying:

Gold futures for February delivery fell $44.10, or 3.1 percent, to $1,378.80 an ounce on the Comex in New York, the biggest decline for a most-active contract since July 1. Yesterday, the metal rose to the highest settlement ever. On Dec. 7, the commodity reached an intraday record of $1,432.50.

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