Strong Dollar Beats Up Gold

The Street reported that a stronger dollar caused gold prices to fall slightly.

As quoted in the market news:

Gold for December delivery lost $22 at $1,725.20 an ounce at the Comex division of the New York Mercantile Exchange. The gold price has traded as high as $1,746.50 and as low as $1,705.50 an ounce during the session, while the spot gold price was down $18, according to Kitco’s gold index.

Click here to read the full Street report.