Gold edged lower after China's rates cuts

Note: This section contains information in English only.
Source: Marketwatch

Gold fell on Thursday after unexpected Chinese interest rates cuts, while investors awaited Ben Bernanke's, U.S. Federal Reserve Chairman, testimony to the Congress. Gold futures for August delivery dropped $7.20, a 0.4 per cent decrease, to $1,627 an ounce in trading session of the New York Mercantile Exchange's Comex division.

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