Exploration expenditure picks up.
Written by Elena Kazimirova on October 19, 2011 – 11:02 pm
On Wednesday the metal declined $5.8, or 0.4%, to $1,647 an ounce on Comex. The investors were reluctant to place further orders on gold in anticipation of the euro zone’s summit this weekend. Gold also suffered due to the trading changes by the U.S. Commodities Futures Trading Commission that limited the number of commodity contracts [...]
