Gold Sinks To Lowest Settlement In 2 Weeks

By MarketWatch Pulse

Gold futures ended lower Wednesday as the curtain begins to fall on 2015. A fresh drop in West Texas Intermediate crude-oil prices , which were down about 3.3%, weighed on the broader commodity complex. February gold lost $8.20, or 0.8%, to settle at $1,059.80 an ounce. That represents the lowest close for gold since Dec. 17, a day after the Federal Reserve lifted interest rates, weighing on commodities that don't bear interest.

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