Gold falls on stronger U.S. data

CHICAGO, Aug. 30 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell on Tuesday as investors reacted to stronger U.S. data.

The most active gold contract for December delivery fell 13.4 U.S. dollars, or 0.77 percent, to close at 1,736.3 dollars per ounce.

Gold settled at its lowest level since late July.

U.S. economic data released Tuesday were positive, dampenin