Gold down 1.8% as other metals plunge

Gold futures settled lower on Tuesday, pressured by strength in the U.S. dollar as investors showed disappointment over the metal’s failure to get a haven-related boost from financial uncertainty in Greece. August gold dropped $20.60, or 1.8%, to settle at $1,152.60 an ounce on Comex. September silver also fell 5%. September copper lost 3.6% to end at $2.447 a pound to log a six-year low.

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From:: Stock Market News

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