Metals Stocks: Gold tilts higher as dollar faces selling pressure


December gold futures settled at $1,323.70 Tuesday, the lowest finish in nearly two weeks

Gold futures traded modestly higher Wednesday in an attempt to snap a multisession slide for the dollar-sensitive precious metal.

At last check, December gold GCZ6, +0.08% rose $1.60, or 0.1%, to $1,325.30 an ounce.

The yellow metal failed to hold on to early gains Tuesday and settled at $1,323.70, its lowest finish in nearly two weeks as a strengthening U.S. dollar again pressured gold. A broad index for the greenback on Wednesday ticked lower as global markets ready for key interest-rate meetings slated for next week.

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