Mon, 27 Aug 2012 13:52:41 GMT
Gold futures depreciated on Friday
On Friday, August 24, gold
futures retreated from a four-month peak, after soaring 2% on Fed's fresh
speculations about another round of quantitative easing. Bullion depreciated by 0.1%, or $1.80, to
$1,670.80 per ounce. Other precious metals were mixed, with September silver
adding 0.3%, to $30.54 per ounce. In the meanwhile, copper for September
delivery lost 0.6%, to $3.48 per pound, and platinum and palladium