Gold Pounded $45, Falls Below $1400
Tweet
Share
E-mail
Gold and other precious metals are under heavy pressure in afternoon trading.
February gold futures last traded down $45.10 to $1,377.80 per ounce, with the commodity trading as high as $1417.80 earlier.
ETF SPDR Gold Shares (NYSE: GLD) is feeling the brunt of the sell-off in the commodities, last trading down 2.55% to $134.48.
The gold miners are faring even worse, as suggested by the 2.75% down move in Market Vectors Gold Miners ETF (NYSE: GDX).
Silver is also under pressure, down $1.020 to $30.11 on March futures. ETF iShares Silver Trust (NYSE: SLV) is down 1.9%.
February gold futures last traded down $45.10 to $1,377.80 per ounce, with the commodity trading as high as $1417.80 earlier.
ETF SPDR Gold Shares (NYSE: GLD) is feeling the brunt of the sell-off in the commodities, last trading down 2.55% to $134.48.
The gold miners are faring even worse, as suggested by the 2.75% down move in Market Vectors Gold Miners ETF (NYSE: GDX).
Silver is also under pressure, down $1.020 to $30.11 on March futures. ETF iShares Silver Trust (NYSE: SLV) is down 1.9%.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Verizon planning new round of layoffs this week - Barron’s
- Oil prices make small gain on smaller US inventory draw
- Natural Gas Inventory 61 bcf vs 56 bcf Expected
Create E-mail Alert Related Categories
Commodities, ETFsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
