Gold falls more than 2 pct as funds cash in

Thu Mar 20, 2008 1:02am GMT
 
Email | Print | | Single Page
[-] Text [+]

SINGAPORE (Reuters) - Gold tumbled more than 2 percent to its lowest level in a month on Thursday as funds cashed in after pushing the metal to an historical high this week.

Gold XAU= fell as low as $922.90 an ounce, its lowest level since February 20, down from $944.20/945.00 late in New York on Wednesday and off Monday's record high of $1,030.80 an ounce.

(Reporting by Lewa Pardomuan; Editing by Tomasz Janowski)

 
Zhu Zhu pet
Can I have one for Christmas?

The hottest toy in the U.S. this Christmas is an interactive hamster. It does not come from one of the major toy brands or from a movie but a small, seven-year-old company from Missouri.  Full Coverage 

Market Update

  • UKUK
  • USUS
  • Europe
  • Asia
  • UK Most Actives

Most Popular Business News on Reuters UK

  • Articles
  • Videos