Global Gold prices end slightly lower


08/08/2012 11:50 AST  Commodityonline

Global gold prices ended the United States day session slightly lower on Tuesday. The overall market place was quiet amid a lack of market-moving fundamental news.

The markets are also calmer as the dog days of summer are upon the Americans and much of Europe is on vacation.

December gold futures on the Comex division of the New York Mercantile Exchange last traded down $2.70 at $1,613.50 an ounce on Tuesday. Spot gold was last quoted down $0.70 an ounce at $1,611.50.

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