In late trading gold tumbles $18 from the day's high
New York (April 7) News of US retaliation to the Syria Chemical attack sparked the gold price to surge to $1,270 in early morning trading. However, subsequently, relentless profit taking caused the shiny metal to plummet and close at $1,255....down nearly $18 from the morning peak.
Likewise, spot silver closed down more than 2% to close at $17.99, while spot platinum was hammered down to close at $952. Moreover, spot palladium was also lower at $800.:
