Gold bullion plunges more than US$140 an ounce; mining stock also swoon
Tuesday, April 16, 2013 2:36
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TORONTO – Gold prices plunged to their lowest level in more than two years Monday, accelerating a months-long trend and taking the glitter off investments in both bullion and the mining companies that produce it.
On the New York Mercantile Exchange, June gold futures closed down $140.30 at US$1,361.10 an ounce in the biggest one-day percentage drop since at least February 1983.
