Wed, 14 Mar 2012 08:23:09 GMT
Gold declines in electronic trading
Gold April futures dropped 1% or USD 16.50 to USD 1,677.90 per ounce during Asian session on the Comex division of the New York Mercantile Exchange. Precious metal prolonged losses from Tuesday as traders turned their attention to higher yielding assets and invested in stocks. May silver slipped 0.5% or USD 0.17 to USD 33.41 per ounce while copper for May