Tue, 23 Oct 2012 09:50:42 GMT
Gold slips ahead of the Fed meeting
Gold spot price decreased by 0.3% to $1,722.88 an ounce during the U.S. trading session and in Singapore trading hours, slightly retreated up and was $1,723.88. Gold loses its value, as investors see signs that the U.S. economy is recovering, what is reducing demand for gold, as a conservative investment to diversify a portfolio. During the U.S. trading hours, the