Thursday 1 March 2012

Gold's biggest one-day drop

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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