Update: Gold Edges Down Even as Dollar, Yields Drop After US Wholesale Prices Fell in June
() -- (Updates prices in the second and final paragraphs.) Gold edged lower midafternoon on Wednesday even as the dollar and treasury yields fell after the US reported an unexpected drop in wholesale price inflation last month. Gold for August delivery was last seen down 0.5% to $4,049.80 per ounce. The US Bureau of La