Gold prices dropped to their lowest in three months Thursday morning, as the dollar continued its assault on the euro amid concerns about the prognosis for the euro zone.
The Greek debt crisis may pose a threat to the 17-nation currency blog. Athens is set to press ahead with a vote Sunday that will likely reject terms of a bailout package arranged a few years back.
U.S. gold for August was down 9 dollars at $1160 an ounce.
The Labor Department is scheduled to release its non-farm payrolls report for June at 8:30 am ET. Economists expect payrolls to have expanded by 230,000 in June, while the jobless rate is expected to edge down to 5.4 percent.
