Active Stocks: Gold Falls 1% to $1195.10 Per Oz., Goldcorp and Barrick Gold Sell Off

source: mysmartrend.com
Comex Gold for August delivery closed 1% lower Tuesday, pressured by a stronger euro and gains among equities.

The front month contract fell $12.60 to $1,195.10 per troy oz. on the NYMEX, the precious metal's lowest close since the 21st of May and the first decline below the $1200 level since May.

In other resources action, silver turned around on early weakness to close 0.8% higher at $17.86 an ounce.As a result of Gold action, Goldcorp (NYSE:GG) is trading 1.7% lower to $40.69 while Barrick Gold (NYSE:ABX) is down over 1% to $42.79.