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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
Sydney Tokyo Ha Noi HongKong LonDon NewYork
Prices By NTGOLD
We Sell We Buy
37.5g ABC Luong Bar
5,203.904,803.90
1oz ABC Bullion Cast Bar
4,321.903,931.90
100g ABC Bullion Bar
13,855.0012,705.00
1kg ABC Bullion Silver
1,684.701,334.70
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