Gold Slides as Stronger Dollar Curbs Demand for an Alternative Investment

Bloomberg reported that gold prices were down today as the dollar strengthened.

The market news is quoted as saying:

Gold for August delivery fell $7.10, or 0.5 percent, to $1,517.30 an ounce by 7:58 a.m. on the Comex in New York. Immediate-delivery gold was 0.5 percent lower at $1,516.35 in London.

To read the full market news, click here.