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.
On Tuesday gold continued to trade sideways with December futures trading on the Comex market in New York exchanging hands at $1,270.50 an ounce. While down more than $100 an ounce from two-year highs touched in July, year to date the metal is...
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