Gold drops ahead of Aussie interest rate decision

Gold drops ahead of Aussie interest rate decision

Gold prices dropped in Tuesday’s Asian trading as investors awaited an interest rate decision from the Reserve Bank of Australia. The RBA is expected to leave rates unchanged at three percent.

On the Comex division of the New York Mercantile Exchange, gold futures for April delivery dropped 0.15% to USD1673.95 a troy ounce, up from a session low of USD1671.25 and down from a session high of USD1675.65.Continue Reading...