By Ross Norman of Sharps Pixley | Wednesday 7 August 2013
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The U.S. Comex gold futures fell for six consecutive days and ended at $1,282.60 on Tuesday. During Asia Wednesday morning, the gold futures fell a further 0.40 percent. The prices have already dropped over two percent this week while they went up 7.25 percent in July, the best month after January 2012.
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