The price of gold per ounce fell by 0.7 percent to $4,2512 as of 2:05 pm Bangladesh time on Wednesday (July 15). At the same time, the price of US gold futures for August delivery fell by 1 percent to $4,3040.
Earlier on Tuesday, gold prices rebounded from a two-week low to $4,104 per ounce after data was released that consumer inflation in the United States for June fell more than expected.