Gold Prices Drop For 7th Straight Session

By Myra P. Saefong Markets MarketWatch Pulse

Gold futures tallied a seventh straight session decline on Wednesday to end at their lowest level since the beginning of February. Upbeat data on U.S. private-sector jobs helped boost the dollar and fed expectations that the Federal Reserve will raise interest rates at its meeting next week. April gold lost $6.70, or 0.6%, to settle at $1,209.40 an ounce.

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