Gold fell Thursday on the declining euro and a lack of optimism the Federal Reserve plans to increase stimulus in the near future, analysts said.
Gold for August delivery fell $10.40, or 0.7 percent, to $1,565.30 a troy ounce on the Comex division of the New York Mercantile Exchange.
The euro fell below $1.22 Thursday, recovering slightly to $1.2206 late in the day. Against the yen, the dollar was 79.28 yen from 79.31 yen.
The British pound was $1.5433 from $1.5428.
The Intercontinental Exchange Dollar Index was up 0.18 percent to 83.62.
Most Popular Stories
- SEO Traffic Lab Celebrate Wins at Digital Marketing Event 'Internet World 2013' in London
- Social Media Initiatives Should Follow Customers' Lead
- Apple CEO: Offshore Units Not a 'Tax Gimmick'
- U.S. Senate Accuses Apple of Large-scale Tax Avoidance
- UTEP Water Recycling Project Wins Venture Titles
- Marketo Makes a Mint in IPO: Stock Shoots Up More than 50 Percent
- Bieber Booed at Billboard Awards
- Crude Oil Up, Gasoline Down
- Austin Startup Compare Metrics Raises $3.5 Million for Expansion
- Why So Many Top 'Car Guys' Are Actually Women