Gold falls on Fed worries

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Agence France-Presse
The yellow metal dropped for a second straight day and it is set for the first back-to-back decline in 14 days, as there are worries on Fed's stimulus tapering among the investors and commodity's climb lowered its demand. Spot gold slipped 1% to $1,352.08 an ounce, and was at $1,355.70 as of 2:41 p.m. Singapore time, reversing gains of 0.3%. at the same time, metal's price has dropped 19% this year to date.
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