Gold falls 5% in the biggest daily loss this year
01/03/2012 09:55:00
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The independent Iraqi news agency / listen ... Gold prices fell more than five percent on Wednesday registered its biggest drop in a single day this year.
Analysts said that the testimony of the President of the Federal Reserve (Fed) Ben Bernanke pointed out that it is unlikely to turn the bank to facilitate more credit in the short term. The expectations for the extension of U.S. monetary policy is very supportive soft key to higher gold prices.
The Record Spot gold hit a session low at 1688.44 dollars per ounce. By the time 2038 GMT were down 20.5 percent at 1690.60 dollars an ounce.
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01/03/2012 09:55:00
Font size:
The independent Iraqi news agency / listen ... Gold prices fell more than five percent on Wednesday registered its biggest drop in a single day this year.
Analysts said that the testimony of the President of the Federal Reserve (Fed) Ben Bernanke pointed out that it is unlikely to turn the bank to facilitate more credit in the short term. The expectations for the extension of U.S. monetary policy is very supportive soft key to higher gold prices.
The Record Spot gold hit a session low at 1688.44 dollars per ounce. By the time 2038 GMT were down 20.5 percent at 1690.60 dollars an ounce.
[You must be registered and logged in to see this link.]