MW: Gold falls as investors await stimulus plan outcome
Gold futures fell Monday to below $910 an ounce as investors awaited the outcome of U.S. stimulus and bank aid plans. Gold for February delivery was last down $8.90, or 1%, at $905 an ounce in early North America electronic trading. The more active March contract also fell 1% to $905.30. In the U.S., developments over the weekend pointed toward Tuesday being the decisive day for both the stimulus and bank debt plan. In gold trading, "momentum was limited as the market awaited the outcome of the U.S. stimulus package," said analysts at Action Economics.
