CHICAGO, June 23 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell on Thursday as the U.S. dollar rose.
The most active gold contract for August delivery fell 8.6 U.S. dollars, or 0.47 percent, to close at 1,829.8 dollars per ounce.
Market expectations for more hawkish monetary policy from the Federal Reserve help boost dollar.
U.S. Labor Department reported Thursday that U.S. initial jobless claims fell to a seasonally adjusted 229,000 in the week ending June 18 from the previous week's revised level of 231,000, dampening gold.
The S&P flash U.S. manufacturing purchasing managers index (PMI) dropped to a nearly two-year low of 52.4 in June, while the S&P U.S. services PMI declined to a five-month low of 51.6, supporting gold somewhat.
Silver for July delivery fell 37.9 cents, or 1.77 percent, to close at 21.042 dollars per ounce. Platinum for July delivery fell 22.5 dollars, or 2.43 percent, to close at 904.4 dollars per ounce.
