Gold slides below $1,300; oil ticks up 0.1% - Gold futures - TopicsExpress

Gold slides below $1,300; oil ticks up 0.1% - Gold futures stretched their slump below the key $1,300-an-ounce level today as signs of an improving U.S. economy reduced the appeal of haven assets. Gold for June delivery dropped 0.4 percent to finish at $1,288.50 an ounce on the Comex division of the New York Mercantile Exchange. That was the lowest settlement for a most-active contract since April 3. Orders for capital equipment such as computers and machinery probabl... ow.ly/2FT3bv

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