Gold falls from the highest level in nearly two years

Views 18 Date 07/05/2016 - 20:47

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Gold dropped in Asian trading on Tuesday, for most of its gains in the previous session when the highest level recorded in nearly two years.

The decline in the price of gold in the spot transactions 0.6 percent to $ 1342.31 an ounce (an ounce) by at 05:10 GMT, after he had jumped on Monday, to $ 1357.60, down less than one dollar from its highest level in two years, hit 24 June.

Gold rose in US futures August delivery 0.46 percent to $ 1345.10 an ounce.

Among other precious metals, silver fell more than 3 percent at one point to $ 19.58 an ounce, before shrinking losses to 2 percent at $ 19.90.

He said China's central bank, on Monday, he will use a variety of tools for monetary policy to maintain adequate liquidity and reasonable growth of credit and social financing.

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