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Monday, 15 April 2013

Gold, commodities slump as China data stir recovery fears

Investors dumped gold along with other commodities from oil to copper on Monday and world shares tumbled, after weaker-than-expected Chinese data added to concerns raised by U.S. numbers about the global economic outlook.


Gold took a series of metals with it as plunged to a two-year low, Oil fell towards $100 a barrel, while commodity-linked currencies including the Aussie and Kiwi dollars were also hit hard.


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Marc Jones, Reuters via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/WcBFPihwqYI/

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