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Gold Falls on Higher Dollar, Greece Uncertainty

iconMay 16, 2012 10:45
Source:SMM
Gold futures on the COMEX division of the New York Mercantile Exchange fell on Tuesday to the lowest level so far this year.

CHICAGO, May 15 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell on Tuesday to the lowest level so far this year, as a higher U.S. dollar and continued uncertainty in Greece weighed on the market.

The most active gold contract for June delivery lost 3.9 dollars, or 0.25 percent, to settle at 1,557.1 dollars per ounce.

 
 

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