Gold is tanking to new lows
Nov 27, 2015, 19:03 IST
Gold is falling to new lows.
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On Friday morning, gold futures fell by about 1.4%, or $14.80 an ounce, to as low as $1,070.80, a level it has not touched since 2010.
Gold has fallen from a peak of about $1,177 an ounce late in October, or by about 10%, since the Federal Reserve started seriously signaling its intention to raise rates in December.
Elsewhere in markets, stock futures were little changed ahead of a half-day of trading. The market closes at 1:00 p.m. ET.
Finviz
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