Gold futures moved lower on Wednesday, holding ground at their lowest level in nearly 8 weeks, as a strong reading on growth in the U.S. service sector and comments from the chairwoman of the Federal Reserve helped to strengthen the U.S. dollar.December gold GCZ5, +0.29% shed $1.80, or 0.2%, to trade at $1,112.30 an ounce on Comex. The metal had found earlier support after data showed U.S. private-sector employment gains continued in October, though at a slightly slower pace than in the prior month. Prices are trading at their lowest levels since Sept. 15.
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