India, July 28 -- Gold prices fell on Monday as the US dollar gained, cheered by the announcement of a framework trade agreement between the US and the EU which brings to an end, long-drawn hectic negotiations. This development improved the appeal for riskier assets. Notably, gold prices have been down now for four consecutive sessions.
Front Month Comex Gold for July delivery fell $23.70 (or 0.71%) to $3,310.30 per troy ounce today.
Front Month Comex Silver for July delivery decreased by 14.10 cents (or 0.37%) to $38.026 per troy ounce today.
After tense negotiations, to avert a trade war with the US, the EU has settled for a 15% tariff on its US exports (about triple the 4.8% now in force) along with a commitment to invest heavily in t...