Gold futures fell on Tuesday after losing ground against the US currency, which bounced higher on fresh news about China's yuan revaluation.
August gold futures dropped $2.40 to $423.50 per ounce on the Comex division of the New York Mercantile Exchange.
During the session, gold dipped to a $422.20 low - its lowest level in four sessions.
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Gold Futures Dropped On Dollar Strengh
Gold futures fell on Tuesday after losing ground against the US currency