Open menu Close menu Menu
Open charts menu Close charts menu Charts

Call us: 0121 634 8060, 7 days, 7am - 10pm

Free Insured Delivery

Ounce Gram
Gold £1460.42 £46.954
Silver £17.982 £0.5781

Updated 23:24 26/09/20

£ $

Gold falls on upbeat economic data

Victoria Hewitt-Marsh, News Editor
31 Jan 2014, 10:52 a.m.

Gold dropped 2% yesterday, it's largest one day decline for over a month following the Federal Reserve’s decision to taper its monthly asset program by a further $10bn per month and the release of positive economic data from the U.S.

The S&P closed 1% higher after better than expected U.S. household spending and export data resulted in the U.S. economy expanding by 3.2% in the fourth quarter of 2013.

Silver, Platinum and Palladium all traded lower yesterday.

View original source at:

comments powered by Disqus