US gold ends up; pares gains as dollar cuts losses

Newswire

NEW YORK, May 29 (Reuters) - U.S. gold futures finished modestly higher on Tuesday, but off early gains after the dollar cut losses against the euro, traders said. The dollar was set to post its largest one-day decline against the euro in over a month until a surprisingly positive U.S. sentiment reading lifted it off its lows. This, in turn, thwarted gold's advance, traders said. "Gold's movement was definitely dollar-related. Also the crude (oil) price weighed heavily on it when it went ...

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