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Gold Sinks to Nine-Month Low as Precious Metals Retreat
Thursday, April 4, 2013 2:45
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NEW YORK–A rout across precious metals markets Wednesday pushed gold futures to a nine-month low and left platinum at its lowest price so far this year.
Gold for June delivery, the most actively traded contract, fell $22.40, or 1.4%, to settle at $1,553.50 a troy ounce on the Comex division of the New York Mercantile Exchange. This was the lowest settlement price since gold sank to $1,550.40 on June 28.
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