Gold prices sink to a 1-month low
Gold futures dropped Wednesday to their lowest settlement in a month as strength in the U.S. dollar and strength in U.S. Treasury yields dulled investment demand for the precious metal. Gold had found little support from the recent U.S. stock market selloff and stocks were mixed in volatile trading as gold prices settled. April gold fell $14.90, or 1.1%, to settle at $1,314.60 an ounce, That was the lowest finish since Jan. 9 and biggest single-session dollar and percentage loss since November, according to FactSet data.
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