Gold Settles Higher For a Third Session

By Myra P. Saefong Markets MarketWatch Pulse

Gold extended its streak of price gains into a third session Tuesday, finding support in the wake of weakness in the U.S. dollar as some downbeat economic data dulled the prospects for further interest-rate hikes by the Federal Reserve this year. August gold rose $8.20, or 0.7%, to settle at $1,241.90 an ounce.

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