COMEX gold falls as markets await U.S. rate move

Newswire

NEW YORK, June 23 (Reuters) - COMEX gold fell its cheapest in six weeks on Monday in a mirror image of a dollar recovery against the euro before the Federal Open Market Committee meets Tuesday to debate another reduction in U.S. interest rates. "Continued strength in the dollar has added gradual pressure to gold over the course of the day as traders factor in a rate cut by the FOMC later this week," wrote analyst James Moore of TheBullionDesk.com. August gold settled down $3.30 at ...

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