Gold futures fell sharply Thursday, as weakness in the euro, following the European Central Bank’s monetary policy meeting, strengthened the U.S. dollar. The ICE U.S. Dollar Index was up 0.3%, raising its week-to-date gain and contributing to weaker investment demand for dollar-denominated gold. The August contract for the yellow metal dropped $13.70, or 1.1%, to settle at $1,279.50 an ounce.
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