Gold futures settle at their lowest in a week

Gold futures fell Thursday to settle at their lowest in a week. Sharp gains in the U.S. stock market, strength in the dollar and a move higher in bond yields dulled investment demand in the haven metal. December gold

GCZ19, -1.21%

lost $12.20, or 0.8%, to settle at $1,536.90 on Comex. That was the lowest most-active contract settlement since Aug. 22, according to FactSet data.

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