Bloomberg News

Gold Drops for Fifth Day, Set for Longest Slump Since January

October 20, 2011

Oct. 21 (Bloomberg) -- Gold for immediate delivery fell for a fifth day, the longest period of decline since January, dropping as much as 0.6 percent to $1,611.82 an ounce. The metal traded at $1,613.88 at 7:08 a.m. Singapore time, down 4 percent this week and poised for its first weekly decrease in three weeks.

To contact the editor responsible for this story: Glenys Sim at gsim4@bloomberg.net


Burger King's Young Buns
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus