- Gold futures have dropped below $1,200 an ounce for the first time since June following the Fed's decision to taper its QE program by $10B a month, although bullion is now at $1,203.90, down 2.5%.
- Prices have dropped around 28% this year and are heading for the first annual decline in 13 years.
- Silver is -4.1% at $19.245.
Gold, silver tumble following Fed taper news
Dec 19 2013, 04:33 ET