Gold prices mark lowest settlement since early August

New York (Oct 26)  Gold prices dropped Thursday to mark their lowest settlement since early August, pressured by strength in the U.S. dollar, with the ICE U.S. Dollar Index DXY, +1.04% touching its highest level in about three months. The index was up nearly 0.9% at 94.515 as gold prices settled, a level not seen since July. December gold GCZ7, -0.82% fell $9.40, or 0.7%, to settle at $1,269.60 an ounce, the lowest since Aug. 8, according to FactSet data.

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