PRECIOUS-Gold falls after dollar firms on deal to fund U.S. govt

May 1 (Reuters) - Gold fell on Monday after the dollar edged up as U.S. congressional negotiators hammered out a deal on a spending package to keep the federal government funded through September. FUNDAMENTALS * Spot gold dropped 0.3 percent to $1,264.06 per ounce, as of 0236 GMT. * Gold, last week, saw its biggest weekly percentage fall since the week of March 10, ending about 1.2 percent lower. * U.S. gold futures eased 0.2 percent to $1,265.20 an ounce.

by reutersCOMPANYNEWS via Endless Supplies .Biz - News