Gold falls most in four months on Fed taper talks

Note: This section contains information in English only.
Source: Bloomberg
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 the biggest retreat since December 19.
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Wed, 16 Apr 2014 09:44:34 GMT

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