Gold futures posted a back-to-back loss on Tuesday, settling below the key $2,000 level for a sixth consecutive session. Analysts attributed the weakness in gold prices in part to strength in the U.S. dollar. The “apparent progress on the U.S. debt talks may be prompting some added selling pressure” on the safe-haven gold, said Jim Wyckoff, senior analyst at Kitco.com. Gold for June delivery
GCM23,
settled at $1,974.50 an ounce on Comex, down $2.70, or 0.1% for the session after a 0.2% loss on Monday.
