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Gold books biggest one-day loss in a month
2016-01-15 03:44:50

Gold books biggest one-day loss in a month

Published: Jan 14, 2016 2:48 p.m. ET

 
 

 

Yellow metal eyes 2.2% weekly decline

AFP/Getty Images
Gold

By

MARKETS/COMMODITIES REPORTER

Gold futures settled lower on Thursday, suffering from their largest one-day dollar and percentage declines since mid-December as a climb in U.S. equities helped to dull the metal’s investment appeal.

February gold GCG6, -0.86% fell $13.50, or 1.2%, to settle at $1,073.60 an ounce. That was its lowest settlement since Jan. 5 and the largest dollar and percentage losses since Dec. 17. Prices finished higher Wednesday as U.S. stocks were driven down to lows not seen since August.

Time (EST)Gold - Electronic (COMEX) Feb 20168:0014 Jan4:008:0012:004:00
US:GCG6
$1,070$1,080$1,090$1,100

Gold prices turned lower Thursday after Wall Street stocks rebounded from early losses. The Dow Jones Industrial Average DJIA, 



TIME
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Prices By NTGOLD
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37.5g ABC Luong Bar
5,333.504,913.50
1oz ABC Bullion Cast Bar
4,426.804,026.80
100g ABC Bullion Bar
14,205.6012,905.60
1kg ABC Bullion Silver
1,728.401,378.40
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