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Thursday, March 17, 2011

Gold fell 3 percent on Tuesday

Gold fell 3 percent on Tuesday and was on the track for its biggest one day loss since july as the crisis in Japan which seriosly destroyed and hurt the finiacial markets.Gold fell as low as 1380.90 dollars an ounce and was bid at 1390.20 dollars per ounce against the 1426.65 dollars in New York on Monday.

US Gold future for April delivery 34.80 dollars an ounce to 1390.10 dollars per ounce.The effect in the prices of the gold in whole world is due to the nuclear and Tsunami crisis in the Japan.


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