Published February 22, 2017 1:48pm EST | Updated March 16, 2017 12:06pm EDT

Gold Settles 0.5% Lower Ahead Of FOMC Minutes As Dollar Gains

Gold futures settled lower Wednesday ahead of the release of the Federal Reserve's most recent policy meeting minutes as the U.S. dollar trended higher and stocks held near their record levels. Gold for April delivery settled down $5.60, or 0.5%, at $1,233.30 an ounce. Silver for May delivery settled down 5.2 cents, or 0.3%, at $18.02 an ounce. The U.S. Dollar index rose 0.2% to 101.53 at last check.