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Gold Drops With Silver as Investors Weigh Stimulus

Gold fell as investors weighed comments from Fed policy makers about the outlook for stimulus amid a rally in equities that’s cut demand for the metal as an alternative investment. Platinum and palladium dropped to one-month lows and silver retreated to the lowest since August.

Bullion for immediate delivery dropped as much as 0.4 percent to $1,270.97 an ounce.
Silver for immediate delivery lost as much as 1 percent to $20.2254 an ounce, the lowest since Aug. 9, and was at $20.2495. Platinum fell as much as 0.4 percent to $1,405.15 an ounce, the lowest since Oct. 17, and was at $1,408. Palladium lost as much as 0.4 percent to $713.03 an ounce, the lowest since Oct. 16, and traded at $715.25.
Source: bloomberg