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Gold & Silver Digest: 11/7/13

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  • Thu, Nov 07, 2013 - 11:23pm

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    Jason Wiskerchen

    Jason Wiskerchen

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    Gold & Silver Digest: 11/7/13

The Gold & Silver Digest contains headlines of stories that members of this group deem relevant and/or interesting to precious metals enthusiasts.

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11/7/13 5:47 PM EST US close metals price quotes from Finviz

Reuters: Gold drops to 3-week low on ECB rate cut, US GDP

Gold fell to a three-week low on Thursday, reversing early gains to end down nearly 1 percent on signs of strong U.S. economic growth and on the European Central Bank's interest rate cut to a record low. 

The precious metal posted gains after the ECB cut interest rates and said it could take them lower still to prevent the euro zone's recovery from stalling as inflation tumbles.

 

 

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