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Gold Futures Drop as Investor Fear Wanes

Stock quotes in this article: NEW , AUY , ABX , AEM , GLD  

Gold futures were falling Thursday as investor optimism decreased demand for the precious metal.

June futures were slipping $16.20 to $884.30 an ounce at the Comex division of the New York Mercantile Exchange. The contract has traded as low as $880.10 and as high as 900.80 so far during the session. Silver futures were down 40 cents to $12.35 an ounce and copper was rising 3 cents to $2.04 a pound.

Gold declined for the second straight month as investors' appetite for risky equities grew as global economies stabilized. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,471.58 1,108.86 2,175.81 32.75
Oil *
79.69
UP
126.74
UP
13.23
UP
31.21
UP
0.74
10 Yr
3.28%
SPDR Gold
117.38
+1.23%
+1.21%
+1.46%
+2.31%
Data delayed 20 minutes

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