UPDATE 5-Gold tumbles after dollar rebounds sharply

Newswire

(Recasts, updates with New York closing prices, market activity, adds NEW YORK to dateline) By Frank Tang and Atul Prakash NEW YORK/LONDON, July 25 (Reuters) - Gold finished sharply lower in New York on Wednesday as a sharp recovery in the dollar prompted heavy liquidations a day before futures options expire, ignoring a sharp rally in crude oil prices. Gold slipped as low as $671.30 an ounce and was quoted at $674.10/674.90 at 3:40 p.m. EDT (1940 GMT), against $682.60/683.40 in New ...

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