Gold settled lower Thursday for an eighth straight session of declines, matching its longest losing streak since May 2016, even as the dollar weakened. Gold for April delivery fell $6.20, or 0.5%, to settle at $1,203.20 an ounce, its lowest settlement since late January. Silver for May delivery declined 26 cents, or 1.5%, to settle at $17.04 an ounce. Meanwhile, the U.S. Dollar Index [s; dxy] declined 0.2% to 101.83.
Copyright © 2017 MarketWatch, Inc.
Continue Reading Below