Gold price hits three-year low

AOL Money Staff
Updated
Gold
Gold

The price of gold has slumped to its lowest level in nearly three years as a sell-off gathers pace following American plans to scale back economy-boosting measures.

Gold is on course for its worst quarter since at least 1968, having fallen below 1,200 US dollars an ounce (£787) for the first time since August 2010.
%VIRTUAL-SkimlinksPromo%

Advertisement