Gold Price Lower On Better Risk Appetite

New York (Jun 21)  In focus today will be Federal Reserve Chair Janet Yellen's testimony on the economy and monetary policy before the U.S. Senate Banking Committee. Traders and investors will be parsing her words for any clues on when or if the Fed will raise interest rates in the coming weeks and months.

Early trading shows spot gold tumbled $14 to $1271, whille spot silver declined more than 1% to $17.26.

Source: KitcoNews