Gold pulled back from a seven-week high Tuesday as the dollar regained its footing, but bulls will be looking for the precious metal to find underlying support on haven-related buying as traders watch developments in Greece.Gold for June deliver on Comex GCM5, +0.01% slid $8.00, or 0.7%, to $1,210.60 an ounce, while May silver SIK5, +0.06% lost 27 cents, or 1.6%, to $16.84 an ounce.
Gold rallied Monday in a delayed reaction to a weak March U.S. jobs report released on Good Friday, when U.S. and most global markets were closed.
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