Gold may extend losses, after capping the biggest weekly drop in seven weeks, as weaker oil prices and a pledge by European Union leaders to avert a Greek default slashed the metal's appeal as a haven.Bullion for immediate delivery declined as much as 0.3 percent to $1,498.15 an ounce and was at $1,500.05 by 10:14 am in Singapore.
Gold may extend losses after capping the biggest weekly drop in seven weeks