Gold prices are declining in India today amid falling demand at the global market

Gold prices go in the red zone today

In brief: Gold prices continue to fall in India, China and Singapore. Investors are not buying gold.

Gold prices fell today on the background of lower inflation in the U.S.. Gold prices in India fell by 0.7% today. Analysts believe that the yellow metal will be cheaper to the end of the summer of 2010.

As a result of the regular trading session at the New York Mercantile Exchange, NYMEX, the August futures for gold delivery have fallen by 1,7% to $ 1,188.20 per troy ounce. Last week, gold has fallen in price on 1,8%. The September futures for delivery of silver fell $ 0.57 to $ 17.78 per ounce. The September futures for delivery copper closed the fall of 2,7% at $ 2.92 per pound.

Ukrainian Globalist
2010-07-18 13:25, Commodities.

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