U.S. gold futures drop early as dollar climbs

Newswire

NEW YORK, May 21 (Reuters) - A stronger dollar drove U.S. gold futures lower early on Monday after the previous session's gains, and the greenback could continue to put pressure on the precious metal, dealers said. At 9:20 a.m. EDT (1320 GMT), most-active gold for June delivery on the COMEX division of the New York Mercantile Exchange was down $4.10 at $657.90 an ounce, trading between $657.50 and $664.60. Carlos Perez-Santalla at Hudson River Futures said from the COMEX floor that a ...

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