Gold prices expected to drop Tuesday 16 August 2011, Similarly, Barclays Capital estimates, Tuesday 16 August 2011. Financial firm that estimates the price of gold will stabilize at around 1930 U.S. dollars per troy ounce.
In Asian markets, spot gold prices today transferable to the position of 1761.70 U.S. dollars per troy ounce. The price was down 4.5 dollars from the close of trading in New York.
Investors apparently began to dare to invest money in risky assets. Silver prices also dropped to 39.51 U.S. dollars per troy ounce. "In the medium term, the silver will be traded in the range of 37 dollars and 40.40 U.S. dollars," according to Barclays.