Gold declined as easing hopes faded

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Source: Forexpros
Gold futures slid in Asian trade on Tuesday as Fed announced it would continue its Operation Twist and did not plan to ease the monetary policy further. COMEX gold for delivery in August traded at 1,605.05 US Dollars per troy ounce on the New York Mercantile Exchange, falling by 0.67%. Meanwhile, COMEX silver for delivery in July traded at 27.945 US Dollars per troy ounce, declining by 1.56%.


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Thu, 21 Jun 2012 06:17:03 GMT

Merkel refuses national debt purchases as a way to tackle crisis

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