Gold prices fall in Asia

Source: Investing.com
© Scanpix/Reuters
Gold prices dropped in Asia, following Federal Reserve Chair Janet Yellen's speech yesterday. She underlined a very likely increase in interest rates by the end of this year, which, in turn, would give a boost to the Greenback. Gold futures for December delivery tumbled 0.4% to trade at $1,149 per troy ounce, whereas December future contracts for silver slid 0.35% to trade at $15.08 per troy ounce. As for copper prices, this metal declined 0.1% to trade at $230 per pound. 

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