Lower U.S. interest rates sent the dollar tumbling yesterday and gold soared to its highest level since April in Europe but retreated in New York.</br></br>In Zurich gold rose $20 to close at $367.50 an ounce, the highest since the first week of April. In London, it finished at $366, up from $350. In New York, massive profit-taking pushed it back to $355 from $358.50. The New York Commodity Exchange settled gold at $355.40, down from $359.30.</br></br>In Frankfurt, the dollar fell to 2.4365 from 2.4590 and to just over 2.42 in New York before recovering to 2.4350. In London, the pound rose to $1.7555 against $1.7405 but fell back to $1.7450 in New York. In Tokyo the dollar declined to 253.75 yen from 255 and to 252.55 in New York.</br></br>industry in western industrialized nations will continue to suffer from overcapacity through 1982, the Organization for Economic Cooperation and Development (OECD) warned yesterday.</br></br>The OECD steel committee said any recovery in steel demand in 1982 is likely to be very small and that overall production by OECD members is expected to decline at a greater rate than in 1981.