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Urgent: Gold drops as stocks rise

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(Globalpost/GlobalPost)

CHICAGO, July 14 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange posted on Monday the biggest daily drop in 2014 amid rising stocks.

The most active gold contract for August delivery dropped 30.7 dollars, or 2.3 percent, to settle at 1,306.7 dollars per ounce.

http://www.globalpost.com/dispatch/news/xinhua-news-agency/140714/urgent-gold-drops-stocks-rise