Gold Falls Below $4,000 as Stock Rout Fuels Volatility
Gold fell as much as 0.9% to below $3,990 an ounce, its lowest level since mid-July, after dropping almost 3% on Thursday. It later pared losses.
Gold fell below $4,000 an ounce, reaching a low not seen in more than three months as investors sold the precious metal amid a cross-market stock rout. Bullion slid as much as 0.9% to below $3,990 an ounce, its lowest level since mid-July, following a decline of almost 3% on Thursday. It later pared losses…