Gold Market Update

Gold futures fell on Wednesday with the U.S.dollar’s continued climb sinking prices for the yellow metal to their lowest level since early November.

Gold for April delivery GCJ5, +0.10% fell $9.50, or 0.8%, to settle at $1,150.60 an ounce on Comex. Based on the most-active contracts, prices haven’t settled at a level this low since Nov. 6. May silver SIK5, +0.49%  dropped 26.8 cents, or 1.7%, to end at $15.365 an ounce.

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