Gold futures dip to extend losses LONDON (MarketW
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Posted On: 11/16/2012 8:29:37 AM
Gold futures dip to extend losses
LONDON (MarketWatch) — Gold futures dipped on Friday, extending losses from the prior session as worries about demand trends played out in metals markets.
Gold for December delivery (CNS:GCZ2) declined $6.30, or 0.4%, to $1,707.60 an ounce in electronic trading on the Comex division of the New York Mercantile Exchange.
The moves added to a drop of $16.30, or 0.9%, to $1,713.80 an ounce in regular Nymex trading Thursday after a report from the World Gold Council indicated that demand for the metal weakened in the third quarter. http://www.marketwatch.com/story/gold-futures...2012-11-16
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