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Gold slides further, at lowest level in over two years

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Reuters SINGAPORE
Last Updated : Apr 16 2013 | 6:40 AM IST

SINGAPORE (Reuters) - Cash gold and U.S. gold futures extended losses on Tuesday and plunged to their weakest in more than two years as investors dumped their holdings on fears about central bank sales and worries about global growth.

Silver tracked gold lower, while the most active bullion contract on Tokyo Commodity Exchange sank almost 10 percent.

(Reporting by Lewa Pardomuan and Manono Serapio; Editing by Himani Sarkar)

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First Published: Apr 16 2013 | 6:21 AM IST

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