Gold Prices Weighed Down by Stronger Dollar, Fed Worries – Wall Street Journal

Gold prices sank Tuesday, weighed down by a stronger dollar and concerns that the Federal Reserve may raise interest rates in coming months.

Gold for December delivery, the most actively traded contract, ended down 0.7% at $1,124.80 a troy ounce on the Comex division of the New York Mercantile Exchange.

Prices for the precious metal moved higher last week after the Federal Open Market Committee said it would leave interest…