Gold prices fell to their lowest level in seven weeks registered the biggest loss for a single day since November with the recovery of the dollar and the rise of yields of US Treasury bonds for ten years, which impact negatively on the precious metal that does not generate a return.
The price of gold in the spot transactions 1.6 percent to $ 1221.21 an ounce (an ounce) at the end of trading in the US market after it touched earlier in the session lowest level since the atheist th of May at $ 1218.83.
It fell US gold futures for August delivery father 1.9 per cent to settle at US $ 1219.20 an ounce. US markets closed early on the eve of the Independence Day holiday in the United States.
Gold prices have fallen steadily since hitting its highest level in eight months at $ 1295.97 on the sixth of June.
Among other precious metals, silver fell 2.6 percent in the immediate transaction to $ 16.12 an ounce after falling during the session to $ 16.02, the lowest level since the ninth of May.