Posted On: 12/30/2013 9:10:01 AM
Post# of 102820
Gold prices fall as 2013 loss nears 30%
MADRID (MarketWatch) — Gold prices fell on Monday as equity prices rose in Asia and more money flowed out of gold-based exchange-traded funds. Gold for February delivery (CNS:GCG4) fell $8.90, or 0.7%, to $1,205.10 an ounce, while silver (CNS:SIH4) fell 37 cents, or 1.8%, to $19.68 an ounce. The SPDR Gold Trust (NAR:GLD) saw holdings drop to 801.22 metric tons, which was reportedly the lowest level since January 2009. Base metals also fell, while copper for February delivery (CNS:HGH4) was flat at $3.3815 a pound.
MADRID (MarketWatch) — Gold prices fell on Monday as equity prices rose in Asia and more money flowed out of gold-based exchange-traded funds. Gold for February delivery (CNS:GCG4) fell $8.90, or 0.7%, to $1,205.10 an ounce, while silver (CNS:SIH4) fell 37 cents, or 1.8%, to $19.68 an ounce. The SPDR Gold Trust (NAR:GLD) saw holdings drop to 801.22 metric tons, which was reportedly the lowest level since January 2009. Base metals also fell, while copper for February delivery (CNS:HGH4) was flat at $3.3815 a pound.
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