Gold futures extend losses in electronic trade

Note: This section contains information in English only.
Source: Marketwatch
Gold futures kept declining in electronic trade on Thursday as global slump in stock and currency markets amid stronger US Dollar damped the demand for precious metals. Gold to be delivered in August slipped 0.1% or USD 1.90 to USD 1,561.50 per ounce. On monthly basis gold has depreciated around 6.2%. Silver for July delivery dropped USD 0.19 or 0.7% to USD 27.79 an ounce. 

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