Gold drops $ 43 to $ 1269.70 an ounce, the lowest level since. – Newbies Lounge

gold On Tuesday, it fell more than 3 percent to the lowest level since the British election, leaving the European Union in June. The US dollar fell after US modest US flagged data had paused at $ 1,300 an ounce.

"Simply the better business appetite this week, as Deutsche Bank has apparently opted for this opportunity," said Jim Wyckoff, Senior Expert at Kitco Metals. "We did some specialized damage at short notice today to suggest we swap sideways or lower."

Gauge, which wanted to surprise the information produced on Monday in the United States, aroused the desire that the Federal Reserve would increase the cost of credit.

The sell-off of gold would be a buying opportunity for nickel, aluminum and soft commodities ,

key points

GOLD could fall back into a discount on the decline in the yield curve in the advanced world.

Real interest rates are likely to rise as the rise in bond yields is faster than inflation.

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