Resource News
US gold falls 1 pct as dollar rise triggers sales
By Resource Intelligence · May 26, 2009 · 11:29 am · Leave a Comment
NEW YORK, May 26 (Reuters) – U.S. gold futures fell 1 percent on Tuesday as a stronger dollar and better economic sentiment prompted a bout of profit taking following last week’s solid gains.
GOLD
* Gold for June delivery GCM9 down $11.20, or 1.2 percent, at $947.70 an ounce at 10:28 a.m. EDT (1428 GMT) on the COMEX division of the New York Mercantile Exchange.
* Ranged from $936.60 to $960.10.







