Gold prices settled lower Wednesday, easing back in the wake of two sessions of gains, as key U.S. dollar benchmark traded nearly flat for the session. The ICE U.S. Dollar Index was nearly unchanged at 93.794, trading off session lows which had helped boost dollar-denominated prices of gold earlier Wednesday. December gold lost $5.20, or 0.4%, to settle at $1,277.70 an ounce.
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