Metals Stocks: Gold drops for 6th session in past 8 as dollar sticks near 14-year high


Gold prices eased for a third straight session Thursday, adding to their December retreat, even as the dollar slipped from a 14-year high notched earlier this week.

Gold for February delivery GCG7, -0.12% was off $1.50, or 0.1%, at $1,131.70 an ounce, after logging narrow declines on Tuesday and Wednesday and falling in six of the last eight trading sessions.

The ICE Dollar Index DXY, -0.06% fell 0.1% to 102.87 Thursday. The dollar gauge, which measures the strength of the buck against a basket of six currencies, on Tuesday closed at its highest level since December 2002, according to FactSet data.

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