Gold prices fell broadly Tuesday on a stronger dollar and a weaker oil futures in crude oil encouraged investors to dump hard assets in favor of stocks.
Gold for August delivery dropped $11.20 to settle at $916.50 an ounce on the New York Mercantile Exchange, after earlier falling to $913.10, its lowest level in three weeks.
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Gold Futures Eased On Oil and US Dollar
Commodities prices fell broadly Tuesday as a stronger dollar and a steep sell-off in crude oil encouraged investors to dump hard assets in favor of stocks
