Gold declines after two-day Brexit rally as oil, copper rebound
Gold dropped after posting the biggest two-day gain in more than seven years following the UK’s vote to exit from the European Union. Bullion for immediate delivery lost as much as 0.8% to $1 313.62 an ounce and traded at $1 318.10 at 2:22 p.m. in Singapore, according to Bloomberg generic pricing. The metal surged 5.4% in the last two trading days, the most since January 2009.