'Blog Archive ? Gold drops 5%; below 200-day average as euro falls' expats

Blog Archive ? Gold drops 5%; below 200-day average as euro falls

Forum Post 12/14/11 15:02 Jerry Jones Gold Mine

Blog Archive ? Gold drops 5%; below 200-day average as euro falls 14-Dec (MarketWatch) - Gold futures fell more than 5% Wednesday, a selloff that deepened as the euro dropped below the $1.30 level, signaling a new level of anxiety about the Europe's debt crisis and prompting the metal's breach of some long-held technical levels. Gold for February delivery dropped $87.50 an ounce, or 5.3%, to $1,575.60 an ounce on the Comex division of the New York Mercantile Exchange. It fell as low as $1,645.80 an ounce. The above is a snippet from a post in the USAGOLD News and Views RSS Feed. The link below is for the full post: USAGOLD News and Views ? Blog Archive ? Gold drops 5%; below...

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