CHICAGO -- Gold futures on the COMEX division of the New York Mercantile Exchange futures slumped Thursday, followed by a round of stronger than expected U.S. economic data that underscored expectations the Federal Reserve will begin slowing the flow of stimulus to the economy in the coming months.
The most active gold contract for August delivery fell 14.2 dollars, or 1.02 percent, to 1,377.8 dollars per ounce.