Gold prices fall 3% to less than $ 1,760 an ounce
Gold prices continued to fall on Wednesday, retreating from the level of $ 1800 an ounce after paying U.S. economic data better than expected and the recovery of stock market investors to profit-taking in the precious metal in the wake of record highs.
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Gold and is heading to record the biggest drop in two-three years ago. Before he begins to fall on Tuesday was the yellow metal had recorded gains of about 9 percent in six sessions on expectations that the Federal Reserve (Fed) may be planning for another round of measures to stimulate the sluggish U.S. economy.
And at the lowest level at the price of gold fell to the immediate transactions of more than 3 percent, to 1757.99 dollars an ounce, before recovering slightly to 1760.80 dollars by At 1710 GMT.
And U.S. futures fell for gold for December delivery of $ 99.8 to 1761.5 dollars an ounce
Gold prices continued to fall on Wednesday, retreating from the level of $ 1800 an ounce after paying U.S. economic data better than expected and the recovery of stock market investors to profit-taking in the precious metal in the wake of record highs.
- Download41539
Gold and is heading to record the biggest drop in two-three years ago. Before he begins to fall on Tuesday was the yellow metal had recorded gains of about 9 percent in six sessions on expectations that the Federal Reserve (Fed) may be planning for another round of measures to stimulate the sluggish U.S. economy.
And at the lowest level at the price of gold fell to the immediate transactions of more than 3 percent, to 1757.99 dollars an ounce, before recovering slightly to 1760.80 dollars by At 1710 GMT.
And U.S. futures fell for gold for December delivery of $ 99.8 to 1761.5 dollars an ounce
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