Gold prices tally a third straight session loss

Gold futures posted a third straight session loss on Wednesday, with prices settling at their lowest in just over two weeks. Strength in the U.S. dollar pressured prices for the precious metal after comments from Federal Reserve Chairman Jerome Powell suggested that the central bank will continue to tightening monetary policy. August gold declined $3.70, or 0.2%, to settle at $1,817.50 an ounce, the lowest most-active contract finish since June 14, FactSet data show.

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