Gold Futures Settle Lower After Three Session Climb

Gold futures settled lower on Thursday, with strength in the dollar following May U.S. retail sales data prompting prices to log their first decline in four sessions. Gold finished above the session's lowest levels, however, finding a bit of support after the International Monetary Fund and Greece halted bailout talks because of a lack of progress. August gold fell $6.20, or 0.5%, to settle at $1,180.40 an ounce after a low at $1,174.80 on Comex.