| Gold at lowest level in three and half months. Bullion metals registered big losses at Comex on Tuesday, 07 July 2015. Gold lost more than $20 an ounce on Tuesday, as sharp gains in the U.S. dollar helped send futures to the lowest finish since mid-March. Other metals also took a hit, with silver leading the losses as concerns over China's economic growth pressured prospects for metals demand.
Gold for August delivery on Comex fell $20.60, or 1.8%, to settle at $1,152.60 an ounce. September silver sank 78.4 cents, or 5%, to settle at $14.69 an ounce, with prices tracking the most-active contracts at their lowest settlement since August 2009...............................................Full Article: Source
|