Evening Gold: Gold Still Losing

Gold prise is pushed up by the Comex market

(Kitco news)- Ending the U.S. day session severely lower, Comex gold futures prices hit a two and  half-year lows and fixed new daily lows in late trading. August contract traded down to a low of $1,281.60 at late trading. The Spot gold was last quoted down $65.50 at $1,286.25. Comex August gold last traded down $90.00 at $1,284.00 an ounce.

The London previous P.M. fixing of $1,372.75 and P.M. gold fixing is $1,292.50.