By Kate Gibson, MarketWatch
NEW YORK (MarketWatch) -- Gold dipped Tuesday, along with other commodities and U.S. stock futures, as a stronger dollar curbed gains that accompanied ongoing concerns about the debt crisis in Europe.
Gold for August delivery fell $3.1 or 0.3%, to $1,235.3 an ounce on the Comex division of the New York Mercantile Exchange. On Monday, the contract lost $17.60, or 1.4%, to finish at $1,238.60 an ounce.
The dollar index (DXY 86.02, +0.36, +0.42%) , which compares the U.S. unit to a basket of six currencies, rose 0.5% to 86.09 Tuesday.
Gold on Friday closed a few dollars short of the record high of $1,258.20 an ounce, set on June 8.
