Gold futures close at one-month low SAN FRANCISCO
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Posted On: 11/12/2013 6:51:44 PM
Gold futures close at one-month low
SAN FRANCISCO (MarketWatch) — Gold futures fell Tuesday to settle at their lowest level in a month as the latest comments from Federal Reserve officials implied that the central bank may taper its stimulus program as early as next month. December gold (CNS:GCZ3) lost $9.90, or 0.8%, to settle at $1,271.20 an ounce on the Comex division of the New York Mercantile Exchange. Prices closed at their lowest since Oct. 11, according to FactSet data tracking the most-active contracts.
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