Wed, 08 Jul 2015 08:09:08 GMT
Gold prices reach 4-month low
Gold prices declined to four-month low, as investors chose other safer assets amid the Greek crisis and bear stock market in China. Bullion futures fell 0.4% to $1,147.5 per ounce by 7:30 AM GMT. Analysts stated that the selloff in Chinese equities is pushing commodity prices lower, and the uncertainty over Greece is forcing investors to sell commodities and invest