(MENAFN- ProactiveInvestors)
Gold futures fell overnight in New York even amid the unsettling story from Greece showing that investors were not looking to the yellow metal as a safe haven.
Gold for August delivery fell 0.6% to settle at US$1171.80 an ounce on the Comex.
Prices tapped a low of US$1165.40 — a level prices haven’t settled at since mid-March.
Year to date prices based on the most-active contracts were down by roughly 1%. For the month they lost about 1.5%.
September silver fell 0.7% to US$15.581 an ounce — for a year-to-date loss of 0.1%.
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