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Gold settles lower on Wednesday  

Gold settles lower on Wednesday  

Mubasher: Gold went down at Wednesday’s settlement, shrugging off three successive gains.

Comex June gold lost $4.2, or 0.3%, to close at $1,281.4 per ounce.

By 08:07 pm GMT, the US dollar index (DXY), which measures the US currency against a basket of six major currencies, edged up 0.07% to 97.62.