Gold for August delivery fell below $4,200 per troy ounce at COMEX, a division of the New York Mercantile Exchange (NYMEX), for the first time since June 12, according to data from this trading platform.

Gold's decline slowed to $4,199.3 per troy ounce (-1.1 percent), while silver for July delivery was down $64.825 per troy ounce (-2.25 percent).