Gold Plunges As Bernanke Mum on QE3
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Gold plunged Wednesday as Federal Reserve Chairman Ben Bernanke was mum about the possibility of additional quantitative easing in his testimony to Congress.
Gold futures for April settled down $77.10 to $1711.30. The precious continued lower in electronic trading, last traded at $1694.90.
Silver also was hit hard. May Silver closed down $2.563 to $34.72. It continued lower to $34.625 in electronic trade.
Gold futures for April settled down $77.10 to $1711.30. The precious continued lower in electronic trading, last traded at $1694.90.
Silver also was hit hard. May Silver closed down $2.563 to $34.72. It continued lower to $34.625 in electronic trade.
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