Gold recorded a significant decline amid fears of investors
Gold recorded a significant decline amid fears of investors
Tuesday, June 30, 2015 17:17
BAGHDAD / Baghdadi News / .. Gold prices fell on Tuesday, with the descent of the euro due to the approach of Greece from defaulting on debts to the International Monetary Fund and with the continuation investors feared the prospects of the metal in the long term.
Leaving only hours before Greece defaults on a loan of 1.6 billion euros ($ 1.8 billion) to the International Monetary Fund. Talks broke down with creditors earlier this week and called on the Greek Prime Minister Alexis Tsipras to a referendum on the bailout package on the fifth of July.
The price of gold fell 0.4 percent in spot transactions to $ 1174.67 an ounce ounce by 0944 GMT, while the price of the metal dropped in the US futures contracts August delivery of $ 4.70 to $ 1174.30 an ounce. Spot prices tend to incur of one percent monthly loss.
The metal has received little of researchers from safe havens in support albeit often benefit from periods of financial market turmoil.
The price of silver fell 0.5 percent to $ 15.67 an ounce, while platinum rose 0.3 percent to $ 1080.30 an ounce and palladium rose one percent to $ 672 an ounce .anthy 21 / l
albaghdadianews.com
