Brexit Impact Gold Report
Bullion for immediate delivery dropped as much as 0.4 percent to $1,285.20 an ounce and traded at $1,285.73 at 11:57 a.m. in Singapore, according to Bloomberg generic pricing.
On Monday gold prices witnessed 1.6 per cent decline which marked the metal’s biggest intraday fall in a month. The yellow metal fell as investors bet the referendum will be in favour of ‘remain’ which reduced the safe haven demand. — Neal Bhai Reports