Dollar Drops as Gold Rises

LOS ANGELES (MarketWatch) — Gold futures rose in electronic trade Tuesday, with a decline in the U.S. dollar aiding the precious metal’s price advance.


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“Gold for June delivery GCM3 +0.21%  gained $3, or 0.2%, to $1,575.50 an ounce during Asian trade. The move erased Monday’s loss that left June gold at $1,572.50 on the Comex division of the New York Mercantile Exchange…”

 

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