News Summary: Gold has biggest drop in 3 weeks

Associated Press Published: November 28, 2012
Advertisement
;

GOLD DROP: Gold fell 1.5 percent. The last time gold had a bigger fall was Nov. 2. The December contract gave up $25.80 an ounce to settle at $1,716.50 an ounce.

OIL PARES LOSSES: Crude recovered some of the ground it lost, after the Federal Reserve said the economy was improving across much of the U.S. Oil fell 69 cents to finish at $86.49 per barrel.

TRAIL MIX: Agricultural futures were mixed. March wheat rose 2.75 cents to $8.9125 a bushel, March corn was flat at $7.64 a bushel and January soybeans fell 3 cents to $14.4625 a bushel.


Advertisement


Trending Now



AROUND THE WEB

  1. 1
    Barresi opposes bill to cut state testing in social studies
  2. 2
    Oklahoma basketball: Guard Je'lon Hornbeak to transfer
  3. 3
    Man re-arrested in Pakistan for cannibalism
  4. 4
    Report: Joe Buck, Greg Norman to lead Fox Sports' golf coverage in 2015
  5. 5
    Opinion: What if the government guaranteed you an income?
+ show more