US gold futures dip ahead of option expirations

Newswire

NEW YORK, April 24 (Reuters) - Selling related to options expirations sent gold futures lower early on Tuesday, and strong resistance on technical charts kept prices from breaching the $700 psychological level. At 9:56 a.m. EDT (1356 GMT), most-active gold for June delivery on the COMEX division of the New York Mercantile Exchange was down $2.20 at $692.00 an ounce, trading from $689.20 to $695.70. Carlos Perez-Santalla at Hudson River Futures said that trading was quiet and Wednesday's ...

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