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Metals Stocks: Gold slips into the red for second day

Gold prices notched back-to-back session declines on Thursday, as a leading dollar index strengthened and investors awaited the latest monthly data on U.S. employment for hints on the pace of the Federal Reserve’s interest-rate increases.

April gold GCJ8, -0.23% shed $5.90, or 0.4%, to settle at $1,321.70 an ounce. It lost 0.6% on Wednesday after ending Tuesday at its highest level Feb. 16. The contract has been volatile in recent days considering that gold prices had closed at their lowest levels of the year just last Thursday.

The ICE U.S. Dollar Index DXY, +0.09% rose 0.6% to 90.16.

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