Gold turned lower after Draghi's report

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

On Thursday, August 2, gold futures fell sharply as the ECB disappointed trader's expectations for bold actions in order to curb Eurozone's debt crisis.  Gold futures with the October contract erased 0.79 per cent to $1,592.65 per troy ounce during today's New York trading session. September Silver and September copper also declined, by 1.22 per cent and 1.50 per cent respectively.

 

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