Spot gold
posting biggest one-day drop
in more than three years
Spot gold gained more than half a percent on Thursday, pulling back from a fall of 5 percent
in the previous session after U.S. Federal Reserve Chairman Bernanke failed to signal further
bond buying, dashing hopes of more monetary easing.
Spot gold rose 0.6 percent to $1,705.19 an ounce by 0020 GMT, after posting its biggest
one-day drop in more than three years.
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