Tue, 18 Mar 2014 12:32:03 GMT
Gold drops ahead of the Fed meeting today
Bullion extended a drop from the highest mark in more than half a year ahead of the Federal Reserve meeting today, as the U.S. data beat estimates. The yellow metal for immediate delivery dropped as much as 0.7% to $1,357.13 an ounce and was little changed at $1,360.62 as of 3:33 p.m. in Singapore. Prices advanced to $1,392.22 on Monday trading