Economic Calendar

Monday, November 17, 2008

Gold Declines for First Time in Three Days in London Trading

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By Nicholas Larkin

Nov. 17 (Bloomberg) -- Gold fell in London for the first time in three days, reversing gains earlier today.

Gold for immediate delivery declined $2.13, or 0.3 percent, to $739.97 an ounce by 1:24 p.m. in London after earlier gaining as much as 0.8 percent. December futures were $5, or 0.7 percent, lower at $737.50 an ounce in electronic trading on the Comex division of the New York Mercantile Exchange.

To contact the reporter on this story: Nicholas Larkin in London at nlarkin1@bloomberg.net




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