Gold Settles Lower For 2nd Straight Day

By Joseph AdinolfiMarketWatch Pulse

Gold settled lower Wednesday for the second straight session as the U.S. dollar edged higher. The contract for February delivery settled $5.90, or 0.6%, lower at $1,0682.0 an ounce, but remains up 0.3% for the week. Meanwhile, the ICE U.S. Dollar index , a measure of the dollar's strength against a basket of six rivals, rose 0.3% to 98.4930.

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