NY gold retreats early as US dollar, Dow gain

Newswire

NEW YORK, July 23 (Reuters) - COMEX gold futures fell Tuesday morning, cuing off a rejuvenated U.S. dollar and rebounding stock markets, which rose amid bargain hunting after days of fierce selling by jittery investors, dealers said. "There is general profit-taking in the (gold) market, and it is responding to stock market, which was expecting an up-move at the opening here," said Ian MacDonald, head of precious metals trading at Commerzbank. "We are still very sensitive to any dollar or ...

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