Tue, 11 Jun 2013 09:30:04 GMT
Gold close to lowest level in two weeks
Gold almost reached a two-week low on investor speculations the Fed may reduce stimulus as Standard & Poor's revised U.S. economy's outlook to stable. The yellow metal for immediate delivery dropped 0.2% to $1,383.97 an ounce as of 9:31 a.m. Singapore time, the prices fell to $1,375.95 on Monday, reaching the lowest level since May 28.