Gold futures suffered a fourth straight decline on Thursday to log their lowest settlement in two weeks. "The U.S. GDP number was solid as a rock," said Naeem Aslam, chief market strategist at ThinkMarkets UK. "There are no signs of slowing down [for the economy] and gold prices eased off on the back of this."
April gold lost $5.10, or 0.4%, to settle at $1,316.10 an ounce. That was the lowest finish since Feb. 14, according to FactSet data. Based on the most-active contract, prices lost about 0.7% for the month.
Source : Marketwatch