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MW:Gold under pressure as dollar rises
 
By Barbara Kollmeyer
MADRID (MarketWatch) -- Gold futures came under pressure in European trading hours on Monday as the dollar rose, after a weekend of unsettling election results in France, Germany and Greece. Europe stocks spent much of the day in negative territory, while U.S. stock futures were also pointing to a weaker open. The dollar benefited from a flight to safety, though gold fell on that strength. Gold for June delivery GCM2 -0.38% fell $5.70 to $1,639.50 an ounce, while silver for July delivery SIN2 -0.60% fell 14 cents, or 0.4%, to $30.30 an ounce. Copper for July delivery HGN2 -0.09% lost 1 cent to $3.72 per pound. July platinum PLN2 -0.34% fell $7, or 0.5%, to $1,529 an ounce, while palladium for June delivery PAM2 +0.18% declined 65 cents to $651.50 an ounce.
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