Gold Prices Mark Largest One-day Loss In Nearly 6 Weeks

By Myra P. SaefongMarketsMarketWatch Pulse

Gold prices fell for a second-straight session Tuesday, marking their largest one-day dollar and percentage loss in nearly six weeks. Upbeat U.S. economic data provided support for the dollar, pressuring prices for dollar-denominated gold, while easing tensions between the U.S. and North Korea dulled haven demand for the yellow metal. December gold fell $10.70, or 0.8%, to settle at $1,279.70 an ounce.

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