MW: Gold ends 1% lower on stronger euro, rising stocks
By Claudia Assis
SAN FRANCISCO (MarketWatch) -- Gold futures settled lower Tuesday, hit by a stronger euro and gains for the U.S. stock market. Gold for August delivery retreated $12.60, or 1%, to $1,195.10 an ounce, bullion's lowest price since May 21 and the first drop below $1,200 since late May. Palladium led gains, rising 3.2% to $440.40 an ounce, while silver overcame mid-session weakness to end 0.8% higher at $17.86 an ounce.
