Tuesday, July 27, 2010

Gold Tumbles 2.1%, Bullion American Eagles Unchanged

by Bullion Prices Staff on July 27, 2010

U.S. gold futures dived to three-month lows on Tuesday, as sour consumer confidence data, a higher dollar and technical selling pressured prices. "The gold market started out weak Tuesday morning, and then slipped further when the S&P Case-Shiller May 10-city home price index was reported up 5.4% year-on-year," noted Jim Wyckoff of Kitco News. "The […]