Mon, 11 Aug 2014 09:04:09 GMT
Gold falls slightly as tension diminishes
With a new ceasefire in Gaza, along with the halting of Russia's military drills near the border, demand for safe-haven assets decreased. As a consequence, gold for December dropped by 0.15% to trade at 1,309.00 an ounce during the early European session. Prices ranged from 1,306.50 and 1,312.80 as traders are still attentive to geopolitical tensions.