Gold falls more than $ 100

Gold prices tumbled more than $ 100 on Friday, while global stock markets rallied on expectations that the European Central Bank will take new measures to contain the debt crisis, the euro area.

And losses of gold at one point to 6 percent - the largest fall in percentage terms since the financial crisis in 2008 - the lowest level since early August with displays of precious metals to the wave of extensive sales amid doubts among investors to keep as an investment safe in the long term .

The price of gold for immediate sale in late trading in New York of $ 1655.49 an ounce
After it was dropped earlier in the session to about $ 110 less than 1628 dollars per ounce, the biggest drop ever for the precious metal prices in dollars in one day