Gold Snaps Six-day Winning Streak

Gold prices snapped a six-session winning streak on Thursday to settle lower as a rebound in U.S. stocks dampened buying interest in safe-haven assets. The U.S. currency's strength also weighed on the precious metal as gold is priced in dollars, and a stronger buck makes the metal more expensive. June gold fell $5.90, or 0.5%, to settle at $1,252.80 an ounce.

Copyright © 2017 MarketWatch, Inc.