Freeport-McMoRan lowers first-quarter gold sales forecast
The company said it expects first-quarter gold sales to be roughly 100,000 ounces below its prior forecast of 225,000 ounces.
The gold price let go of the psychologically important $1,250 level on Tuesday, giving up $5.70 an ounce to settle at $1,245.40 on the day. Gold received a boost on Friday after a surprisingly weak US jobs report that showed...
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