MW: Gold ends sightly lower on falling crude, stock markets
By Moming Zhou
NEW YORK (MarketWatch) -- Gold futures gave up earlier gains and closed slightly lower, as crude-oil prices tumbled and as U.S. equity markets erased gains. Gold's losses were limited by a falling dollar, which increases gold's appeal as an alternative investment. Gold for December delivery closed down $1, or 0.1%, at $818.50 an ounce on the Comex division of the New York Mercantile Exchange.
