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<Commodity>Investors Take Profits on Gold before Price Once Ebbs ~6% to Bottom at USD5,100
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Investors took profits on gold after its prices notched consecutive new highs. Spot gold ebbed from Wednesday's peak of USD5,595, down nearly 9% to a trough of USD5,106 on Thursday. Calculating from Wednesday's closing price of USD5,417, spot gold lost up to 5.7% on Thursday. The latest spot gold slid 2.1% to USD5,306.4 per ounce. Gold futures for February delivery sank USD60 or 1.1% to USD5,243.7 per ounce AASTOCKS Financial News Website: www.aastocks.com |
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