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Market Update : 
Gold Tracks China Lower
Author: Ivaylo Dagnev
123jump.com
Last Update: 5:18 AM EST February 28 2007



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Gold futures finished lower Tuesday for the first time in three sessions on concerns that Chinese demand for commodities may weaken, and price losses worsened in electronic trading after U.S. stocks suffered their biggest one-day loss in more than five years. The decline sent many metals-mining shares to their lowest levels in a month. Traders are concerned that measures that slow the Chinese economy will reduce demand for metals.

 

 

 

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