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Crude Oil $ 64.53 / bbl 0.83%

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Aluminum Futures $ 2327.75 / ton 0.00%

Micro Gold Futures $ 3384 / ozt -0.97%

Micro Silver Futures $ 32.72 / ozt 0.89%

Platinum $ 961.8 / ozt 0.48%

Gold Futures $ 3353.6 / ozt -0.42%

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Gold Fields closes four percent down as gold skids

sharenet | August 23, 2011 | 4:32 pm Precious Metals Africa Europe Gold

Gold price: Hedge funds push bullish bets to 8-month high

A long shot

JOHANNESBURG (Reuters) – Shares in South Africa’s Gold Fields, the world’s fourth-largest gold producer, fell over four percent on Tuesday in its biggest one-day drop in 18 months as bullion’s latest rally looked overdone. Gold prices retreated more than