Gold Suffers Losses For The Session, Month And Quarter

By MarketWatch Pulse

Gold futures settled lower on Wednesday, pressured by a rise in the U.S. stock market and strength in the dollar. They tallied a 1.5% loss for the month, down 4.8% for the third quarter of the year, based on the most-active contracts. December gold settled at $1,115.20 an ounce on Comex, losing $11.60, or 1%, for the session. That was the lowest settlement in more than two weeks.

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