Gold Declines on Speculation Investors May Sell After Rally (Bloomberg)

Feb 17, 2010   //   by Admin   //   Scrap Gold Prices  //  Comments Off

Feb. 17 (Bloomberg) — Gold dropped on speculation some investors may lock-in gains after the precious metal climbed to a two-week high. Gold for immediate delivery lost as much as 0.3 percent to $1,115.95 an ounce before trading at $1,117.20 at 12:06 p.m. Singapore time.

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