Gold prices down after Ben Bernanke comments ‎ june 7 2012

Gold prices down after Ben Bernanke comments ‎ june 7 2012 : Spot gold fell more than 1.5 percent on Thursday as investors sold the metal heavily after Federal Reserve Chairman Ben Bernanke once again offered few hints that the U.S. central bank would introduce new stimulus to boost the economy.

Spot bullion was down 1.8 percent at $1,587.59 an ounce by 11:16 a.m. EDT (1516 GMT), about $40 below its session high at $1,628.80 an ounce. For the latest updates on the stock market, PRESS CTR + D or visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today

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