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Coin Collecting NewsGold dulls as dollar turns mixed, oil backs off high
SAN FRANCISCO (MarketWatch) — Gold futures closed slightly lower Tuesday to tally a three-session loss of more than $2 an ounce as the U.S. dollar traded on a mixed note and crude price backed off a high of more than $75 a barrel.
“Minor price fatigue was visible in the market as bullion prices turned under the critical $665 mark on Tuesday,” said Jon Nadler, analyst at Kitco Bullion Dealers.
Gold for August delivery fell 40 cents to close at $665.90 an ounce on the New York Mercantile Exchange. It spent much of the session trading higher.
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