Gold Futures Settle Lower On The Back Of a Dollar Rally

By MarketsMarketWatch Pulse

Gold futures settled lower Thursday, giving back much of the prior session's gain, as the U.S. dollar strengthened against the euro following the European Central Bank's decision to pare back its bond-buying program. February gold fell $5.10, or 0.4%, to settle at $1,172.40 an ounce after climbing 0.6% on Wednesday.

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