SINGAPORE : Gold and silver prices fell again in Asian trade Friday as the dollar maintained its upward trend and stock markets keep tumbling.
Gold for immediate delivery fell 0.5% to $718.08 an ounce at 10:15 a.m. in Singapore after earlier rising as much as 1.1%. The metal fell below $700 Thursday for the first time since September 2007. Silver for immediate delivery fell 0.7% to $9.61 an ounce.
Gold for August delivery in Tokyo dropped 2.1% to 2,212 yen a gram ($713 an ounce) at the 11 am Tokyo time.
