Spot gold prices climb up, futures fall

Note: This section contains information in English only.
Source: Reuters
Spot gold prices went up on Wednesday, July 11, after biggest decline since June. Gain of 0.4% brought price to USD 1574.50 an ounce after 1.4% decline on July 10. However August-delivery gold futures contract fell by 0.3% to USD 1574.80 in the USA. Though gold prices now are highly dependent on Eurozone's finance ministers decision on resolving debt crisis. Analysts expect spot gold to decline to USD 1553 an ounce by the end of the day.
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Wed, 11 Jul 2012 12:04:57 GMT

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