(MENAFN- Gulf Times) Â Gold declined in London as a stronger dollar curbed demand for an alternative investment and amid speculation the US economy is strengthening. Silver also dropped.
Gold for immediate delivery fell one per cent to $1,380.60 an ounce in morning London trading. Bullion for August delivery was 0.6 per cent lower at $1,379.80 on the Comex in New York.
Silver for immediate delivery slid 1.6 per cent to $22.309 an ounce in London.
Palladium was 0.6 per cent lower at $733.58 an ounce. Platinum was little changed at $1,447.38 an ounce.
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