Wed, 16 Apr 2014 09:33:12 GMT
Gold falls most in four months on Fed taper talks
Gold declined 2% on speculation that better U.S. consumer prices could encourage the Fed continuing to reduce its monetary stimulus. Last year on 16th of April the yellow metal dropped 9.3% that was the most in about 30 years. Gold for June delivery slipped $27.20 to trade at $1,300.30 an ounce as of 1:37 p.m. in New York, making it