Gold Market Update

Gold futures settled with a loss of more than $9 an ounce on Tuesday, with strength in the U.S. dollar and a rise in equities dulling the metal’s appeal, but investors continue to keep an eye on ongoing turmoil in Greece.

Gold for April delivery GCJ5, +0.49%  shed $9.30, or 0.8%, to settle at $1,232.20 an ounce on Comex. March silver SIH5, +0.75%  dropped almost 20 cents, or 1.2%, to $16.87 an ounce.