Mubasher: Gold declined at Thursday’s settlement, which is its lowest level since August.
Comex April gold went down $20.10, or 1.5%, to close at $1,327.8 per ounce.
"Gold was due for a correction as the current rally was getting very extended," MarketWatch reported, citing managing partner at Altavest, Michael Armbruster, as saying.
Source:
Mubasher