Gold falls more than 2 pct as funds cash in

Wed Mar 19, 2008 8:56pm EDT
 
Email | Print | | Reprints | Single Page
[-] Text [+]

SINGAPORE, March 20 (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 Feb. 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)

 

Featured Broker sponsored link

Most Popular on Reuters

Photo
Bearing Witness
Reuters award-winning multimedia piece, reflecting five years of reporting the war in Iraq.