Metals Stocks: Gold ends lower as dollar gains, finds some support on Italy turmoil

Gold futures ended lower Tuesday as the leading dollar index gained, but the metal hovered above the closely monitored $1,300 line, finding some support from concerns tied to the eurozone.

Political worries in Italy seeped into markets across much of the globe, a development that historically might send the haven metal markedly higher. Another Italian election looks possible within a few months, which could push the eurozone’s third-largest economy, already roiled by political unrest, toward an outright snub of the shared currency.

Read: Rising angst around global politics doesn’t move gold like it used to

“Although risk aversion has the ability to support gold in the short term, an appreciating dollar and expectations of higher U.S.

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