Spot gold fell 0.3% to $1,342.58 an ounce; US gold too slipped 0.3% to $1,348.30 an ounce
Total jewellery demand in India for the period was down by 20 per cent to 97.9 tonnes
Investment demand reached 448 tonnes as investors sought risk diversification and a safe store of value
IBJA raises concerns about LBMA's price fixing mechanism, says it doesn't match realistic prices in India
Spot gold had risen 1.1% to $1,354.44, spot palladium surged 7.4% to $746.10
Speculators added net longs in gold futures for the first time in four weeks in the week to August 2
Silver also plunged by Rs 900 to Rs 46,300 per kg on reduced offtake by industrial units and coin makers
Among other precious metals, silver was down 0.1% at $20.35, while platinum was 0.3% lower at $1,155.24
Spot gold was down 0.4 per cent at $1,352.10 an ounce by 0340 GMT, after declining 0.4 per cent in the previous session
Weak response to Japan bond purchase indicates investors' lack of confidence in govt securities
US gold was mostly unchanged at $1,358.8 an ounce
With the US Commerce Department saying that the US economy grew at a 1.2% annual rate in the second quarter, much less than expected
Renewed hedge funds' long position may keep sentiment up; traders eye Rs 32,500 per 10 gm on favourable monsoon and better kharif harvest
Globally, gold rose 1.2% to $1,357.50 an ounce in New York yesterday
The US Commerce Department reported that GDP grew at an annual rate of 1.2% in the second quarter, far less than economists' estimates of 2.6% growth
The BOJ expanded monetary stimulus on Friday through a modest increase in purchases of exchange-traded fund
Muted demand from jewellery makers due to off-wedding season also weighs on prices
GFMS revises its average gold price forecast for 2016 to $1,279, from $1,184 per oz in April
Sentiment subdued on weak global trend, as buoyant equity markets and gains in dollar hurt demand for bullion ahead of central bank meetings in US and Japan this week
Metal for delivery in August contracts was riding lower by Rs 121, or 0.39 per cent to Rs 30,750 per ten grams in 497 lots