6
July
Gold Weakens for Second Straight Day as Demand Declines, Dollar Advances
6 July 2010 Bloomberg.com
Gold may weaken for a second day on speculation that investment demand is slowing after the metal failed to extend its rally to a record.
Bullion for immediate delivery fell as much as 0.5 percent to $1,203.15 an ounce before trading at 1,207.75 an ounce at 1:35 p.m. in Singapore. August-delivery futures were little changed at $1,208.10 an ounce in New York.
