Gold drops below $5,000 an ounce on profit-booking
Many banks expect gold to resume its upward trend. | Photo Credit: la2na Gold dipped below $5,000 an ounce, as traders booked profits after a gain in the previous session spurred by mild US inflation data. Bullion fell as much as 1.5 per cent, having climbed 2.4 per cent on Friday, when a modest rise…
