(MENAFN- Khaleej Times) Gold declined for a second day in London as investors cut holdings of the metal amid speculation the Federal Reserve will curb stimulus.
Gold for immediate delivery lost 0.3 per cent to $1,381.65 an ounce by 12:46pm in London. Prices are down 0.1 per cent this week. Bullion for August delivery added 0.2 per cent to $1,381 on the Comex in New York.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.