Tue, 16 Apr 2013 07:55:05 GMT
Gold tumbles the most in 33 years
Gold futures for June settlement lost 9.3% to $1,361.10 on the Comex by midday trading session in New York on Monday. That was the biggest loss since 17th of March, 1980. Market analysts say that such sharp drop was caused by weak data from China, what sparkled a selloff of the commodity amid concern that more money will be required