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A Michigan man was allegedly scammed out of almost $400,000 in gold coins by a Long Island dealer who is at the center of at least a dozen scams across the United States, court documents reveal.

1232 GMT – Gold futures fall on U.S. Federal Reserve comments and a strengthening in the dollar. Futures are down 0.8% at $3,381.50 a troy ounce.

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Gold fell nearly 1% on Tuesday after hitting a near four-week high, pressured by a firmer dollar as investors grew cautious ahead of a potential call between U.S. President Donald Trump and ...