Gold Futures Mark Lowest Settlement Of The Month

Gold futures fell on Tuesday to mark their lowest settlement level of the month. Prices had pared some of their earlier losses after a smaller-than-expected rise in March retail sales, but remained under pressure as traders weighed the timing of an interest-rate hike by the Federal Reserve. June gold fell $6.70, or 0.6%, to settle at $1,192.60 an ounce on Comex, the lowest settlement since March 31.

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