Daily Gold Update

Source: Marketwatch

New York— Gold futures closed sharply lower Thursday to tally a loss of nearly $12 an ounce during a losing streak that's spanned four sessions, as higher Treasury yields helped spark a rally in the U.S. dollar, dulling the metal's investment appeal.

The dollar also got a boost from reports that North Korea may have fired several missiles. At last check, the euro was down 0.5% vs. the dollar, and the dollar was up 0.1% vs. Japan's yen. See full story.