On the Comex division of the New York Mercantile Exchange, August delivery gold fell / August rose 1.70 cents, or the equivalent of 0.15%, to trade at $ 1.153.70 per ounce during European trading this morning.
A day earlier, gold fell to $ 1.144.80 per ounce, a gold price did not recorded since March 17 / March before closing at $ 1.155.40 per ounce, down by 2.50 cents, or the equivalent of 0.22%. Gold is likely to find support at $ 1.142.40 per ounce, the lowest price since March 17 / March and resistance at $ 1.163.90 per ounce the highest price since July 13.
Also in the Comex, silver September delivery fell 12.9 cents, Oomaiedl 0.83%, to trade at $ 15.32 an ounce. On Monday, the price of silver fell 2.4 cents, or the equivalent of 0.16%, to close at $ 15.45 per ounce.
It is expected that the Ministry of Commerce announced that retail sales rose 0.2% in June, after rising 1.2% in May / May It is expected core sales rise by 0.5%, after increasing 1.0% last May. The United States also to publish data on import prices and business inventories at a later time of the day Tuesday.
The head of the Federal Reserve Janet Yellen on Friday that the central bank on track to raise interest rates sometime this year.
Last week, the president of the Federal Reserve Janet Yellin said last Friday that the central bank on track to raise interest rates sometime this year.
Gold prices came under selling pressure in recent weeks amid signs that the US economy regain strength after the latest wave of weakness, which support the issue of high interest rates later this year.
And affect expectations of higher borrowing rates for gold as lead to its decline, as the precious metal is struggling to compete with higher-yielding assets at high prices.
It rose and the US dollar index, which tracks the performance of the greenback versus a basket of six of six major currencies, rose to record 97.09, rose for the day.
The euro also fell as investors awaited as to whether the Greek Parliament will support the harsh austerity measures demanded by creditors in the country in exchange for a deal to avoid financial collapse.
Will the Greek Prime Minister Alexis Tsipras to meet with members of Parliament on Tuesday, where he faced an uphill battle to win support for a third rescue of creditors to Greece deal.
And it must be discussed four items of legislation by the end of the day Wednesday, including pension and tax reforms and sales taxes.
Elsewhere in the metals trade, copper September delivery fell 2.4 cents, or the equivalent of 0.93%, to trade at $ 2.521 a pound during morning trading in London. Red metal prices have fallen to their lowest levels in six years by $ 2.381 a pound on July 8.
China is scheduled to issue the data on gross domestic product in the second quarter on Wednesday. Where it is also expected that the report shows the second largest economy in the world growth rate of 6.9%, down from 7.0% in the previous quarter.
Beijing has set growth target at 7.0% "in 2015 after the economy grew by 7.4% in 2014, the slowest pace in 24 years.
China is the largest consumer of copper in the world, and formed 40% of world consumption last year.