Gold loses over $14 at Thursday’s settlement

Gold loses over $14 at Thursday’s settlement

Mubasher: Gold settled lower on Thursday, as the US dollar rose.  

Comex April gold went down $14.2, or 1.1%, to close at $1,295.1 per ounce.

By 08:04 pm GMT, the USD dollar index (DXY), which measures the US currency against a basket of six major currencies, increased by 0.33% to 96.79.