Gold Futures Settle At a More Than Three-week Low

Gold futures fell on Wednesday, with prices settling at their lowest level in more than three weeks. Strength in U.S. equities on the back of a climb in private-sector employment in May helped draw investor interest away from the precious metal. August gold fell $9.50, or 0.8%, to settle at $1,184.90 an ounce on Comex. That was the lowest settlement for a most-active contract since May 11.