- Demand for gold fell to its lowest in six years in the second quarter, in a further sign the world's largest buyers, China and India, are staying away from the precious metal.
- According to the World Gold Council, overall demand totaled 915 tonnes, a 12% drop from the same period last year.
- Prices saw further declines due to a strong U.S. dollar and expectations for a Fed rate increase, failing to draw any direction from the uncertainty in Greece and other financial crises.
- Gold -0.2% to $1121.50 an ounce, after trading between $1200-$1230 during most of Q2.
- ETFs: GLD, IAU, PHYS, SGOL, UGL, DGP, GTU, GLL, UGLD, DZZ, GLDI, OUNZ, DGL, DGZ, DGLD, AGOL, GEUR, UBG, GYEN, QGLDX