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    gold investing

    Stronger US Job Market Causes Gold to Fall

    Investing News Network
    Dec. 22, 2011 05:08PM PST
    Precious Metals Investing

    Bloomberg reported that gold prices were down on news of an improving US job market.

    Bloomberg reported that gold prices were down on news of an improving US job market.

    As quoted in the market news:

    Gold futures for February delivery fell 0.2 percent to settle at $1,610.60 an ounce at 1:49 p.m. on the Comex in New York. The metal has climbed 13 percent this year. Prices dropped 6.9 percent last week after the Federal Reserve refrained from taking new action to boost economic growth.

    Click here to read the full Bloomberg report.

    gold investing
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