Gold slides to 6-1/2 week low
Gold slid to a 6-1/2 week low on Friday, setting the stage for its sharpest weekly drop since December 2008 as it tracked a heavy sell-off in the commodities complex, under pressure as traders sold bullion to cover losses in other assets.
Spot gold slid to a session low of $965.00 an ounce, from its earlier four-month high of $987.75, as oil prices tumbled more than $9 a barrel.