Gold, Silver, Copper Futures Weekly Outlook: June 12-16

in #chainbb-general7 years ago (edited)

Gold prices fell for a third day on Friday as the stronger dollar weighed after British elections failed to deliver a clear majority for Prime Minister Theresa May, sending sterling sharply lower.
Gold for August delivery closed down 0.79% at $1,269.45 on the Comex division of the New York Mercantile Exchange. For the week, the precious metal was down 0.69%, the first weekly percentage decline in five weeks.