Gold futures plunge after long advance
February 13, 2014 9:09 amVideo
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Gold futures dived in electronic trade on Thursday, withdrawing from its six-session advance as part of a wide retreat in the metals complex. Gold to be delivered in April dropped $5.60 or 0.4%, to $1,289.40 per ounce, wiping out its $5.20 gain in Wednesday’s New York Mercantile Exchange trading session.
March silver receded by 14 cents or 0.7%, to $20.21 per ounce, following a 19-cent advance yesterday. April platinum was listed at $9.20 or 0.7%, to $1,398.10 per ounce, while March palladium went down $1.65 or 0.2%, to $727.40. March copper cut down about a penny to trade at $3.25 per pound, resulting to a 0.2% loss.
The material has been provided by InstaForex Company – www.instaforex.com
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