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Gold finishes lower on Thursday

Gold finishes lower on Thursday

Mubasher: Gold settled down on Thursday after reaching the highest level in a week on Wednesday. 

Comex August gold declined $5.8, or 0.4%, to settle at $1,406.7 per ounce.

By 08:04 pm GMT, the US dollar index (DXY), which measures the US currency against a basket of six major currencies, inched down 0.05% at 97.05.