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Urgent: Gold falls on stronger U.S. dollar

Xinhua, May 20, 2015 Adjust font size:

Gold futures on the COMEX division of the New York Mercantile Exchange plunged Tuesday as the U.S. dollar rebounded, putting pressure on the precious metal.

The most active gold contract for June delivery lost 20.9 U.S. dollars, or 1.70 percent, to settle at 1,206.70 dollars per ounce. Endite