The precious metal earlier reached a high of $599 before falling back.
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Gold Price Dropped on Crude Prices Rise
Gold and metals prices fell on Tuesday
Gold and metals prices fell on Tuesday, as crude oil prices reversed early gains and the dollar erased some of its earlier losses.
Gold for June delivery dropped $3.30, or 0.6%, to close at $584.40 per ounce.
The precious metal earlier reached a high of $599 before falling back.
Among other metals, silver for July delivery also reversed early gains, losing 4 cents, or 0.4%, to close at $10.29 an ounce.
The precious metal earlier reached a high of $599 before falling back.
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