##### Spot gold prices crash 9%, could see worst week in 30 years ##### Gold prices fell to a three-year low on Friday and was in danger of recording its biggest weekly drop in 30 years after the US Federal Reserve said it would wind down its bullion-friendly stimulus later this year. Spot gold - down nearly 9 percent this week - dropped for the fifth straight session, while Comex gold futures also declined over 1 percent to their lowest in three years.
Posted on: Fri, 21 Jun 2013 05:38:55 +0000