Gold Market Update

Gold futures on Tuesday took a hit from a rally in the U.S. dollar, with prices for the precious metal logging their lowest settlement since November.

• Gold for April delivery GCJ5, +0.14% lost $6.40, or 0.6%, to settle at $1,160.10 an ounce on Comex. That was the lowest settlement since Nov. 12, based on the most-active contracts. May silver SIK5, +0.17%  also fell 14.3 cents, or 0.9%, to end at $15.633 an ounce.