NY gold falls to near 4-mo. low early on weak euro


NEW YORK, May 31 (Reuters) - U.S. gold futures hovered just above fresh 15-week lows Tuesday morning after a drop in the euro sparked heavy speculative selling on the post-holiday reopening, while silver slipped off a previous five-week high. Benchmark August delivery gold on the New York Mercantile Exchange fell $5.00 or 1.2 percent to $417.40 an ounce by 10:31 a.m. EDT, dealing from $422.90 to $415.80, which was the lowest price for futures since early February. Gold was near key chart ...

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