Gold Resumes Drop For Fourth Straight Session

Precious-Gold resumed its fall for a fourth straight session on Wednesday amid worries the slowdown in emerging market would weaken demand on commodities. The yellow metal hit a low of $1122.22 an ounce, while it currently trading at $1122.27, after opening at $1127.23. Concerns from China were renewed this week with the release downbeat industrial profits report on Monday, ahead of Thursday's both official and private manufacturing surveys.

from Energy and Metal Commentaries http://ift.tt/1Vrinb1