Gold prices fell to remain bound to its first monthly loss this year as prompted officials hints central banks that the era of quantitative easing is nearing its end bond yields to rise, which has damaged the yellow metal, which does not generate a return.
While gold is still up about eight percent in the first half, it slowed down in the second quarter after a strong start this year as he did not score little from its level at the end of March, a change.
Gold fell 0.3 percent in the spot trading to $ 1241.41 an ounce (an ounce) by 1834 GMT, and settle down in the US futures contracts for August delivery by a similar amount to $ 1242.30 an ounce.
The yellow metal lost about two percent in the spot for the month of June, the transactions and moving down 0.6 percent in the second quarter.
The comments from central banks in the euro zone, Britain and Canada this week that the era of quantitative easing is nearing its end and that interest rates tend to rise.
Among other precious metals silver rose 0.3 percent to $ 16.63 an ounce today. The metal record the biggest drop among the precious metals this quarter, down about nine percent, while palladium exports list the best performance, up 6.1 percent.
[You must be registered and logged in to see this link.]