Gold price settles at its lowest level in a week

New York (Mar 1)  Gold futures settled lower Wednesday for a second straight session. Strength in the dollar, a rally in U.S. equities and rising expectations for an interest-rate increase from the Federal Reserve combined to push prices for the metal to their lowest finish in a week. April gold GCJ7, -0.46% lost $3.90, or 0.3%, to settle at $1,250 an ounce. That was the lowest finish for a most-active settlement since Feb. 22, according to FactSet data.

Source: MarketWatch