Gold ends at a nearly three-month low as dollar index strengthens

Gold prices declined Friday to mark their lowest settlement since early August, pressured by strength in the U.S. dollar, which put pressure on the dollar-denominated yellow metal. The ICE U.S. Dollar Index was poised to log a seventh weekly climb in eight weeks, up Friday as the ISM nonmanufacturing index for October rose to the highest level since Aug. 2005. December gold fell $8.90, or 0.7%, to settle at $1,269.20 an ounce, the lowest since Aug. 8, according to FactSet data. It lost about 0.2% for the week.

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