Swastika Investmart Limited

Gold gave up early on increases on Monday as a healthy dollar
outweighed safe-haven demand after Greeks rejected terms of a bailout
package in a referendum. The failure to maintain the rally demonstrates
gold's kick amidst forecasts of superior U.S. interest charges despite
the doubt over Athens' monetary circumstances and its future in the euro
area, a circumstances that will typically gather safety bids for
bullion. Spot gold was flat at $1,167.57 an ounce by 0401 GMT, after
earlier leaping by as much as 0.6%. U.S. gold risen nearly 1% in its
leading daily increase in about 2 weeks to $1,174.40 before paring some
increases to deal gain 0.3%.