Gold for August delivery declined $8.1, or 0.7 percent, to
$1,180.4 an ounce on the Comex division of the New York Mercantile Exchange,
according to a news report.
According to the report, there is “renewed optimism about
global growth, combined with recent data showing little immediate worry about
On July 16, gold had its biggest one-day drop this month,
falling $20.10, or 1.7 percent, to end at $1,188.20 an ounce.