Gold Prices Slip as Stocks Have a Big Day – Wall Street Journal

Gold prices nudged lower on Tuesday as a rally in stocks and expectations of higher U.S. interest rates offset support from a weaker dollar.

The most actively traded contract, for December delivery, fell 40 cents to $1,121 a troy ounce on the Comex division of the New York Mercantile Exchange.

Gold prices had fallen to a five-year low in July on expectations that the Federal Reserve would soon raise interest rates, but prices…