Gold prices dropped Wednesday as strength in the dollar fueled the biggest single-session decline since Feb. 20. The benchmark ICE U.S. Dollar Index DXY, +0.84% climbed by 0.7% as the Japanese yen USDJPY, -0.01% fell sharply versus the greenback. April gold GCJ8, -0.10% fell $17.80, or 1.3%, to settle at $1,324.20 an ounce, the lowest finish in a week.
Read the full story: Gold logs biggest loss in over a month to end at 1-week low