Gold futures finished slightly lower on Thursday to tally a second straight session of losses, with traders attributing the weakness to so-called technical headwinds after prices touched a nearly three-month high earlier this week.Prices settled as the U.S. stock market marched higher on the back of a climb in oil futures CLH6, +0.42% which dulled the flight-to-safety allure of the yellow metal, but investors saw recent comments from the U.S. Federal Reserve as somewhat supportive for the metal.
April gold GCJ6, -0.04% the most-active contract, fell by 20 cents to settle at $1,116.10 an ounce on Comex. February gold, the previous most-active contract, had finished with a loss on Wednesday, in a pullback from Tuesday’s settlement above $1,120, its highest since early November.
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