Gold prices dropped Thursday to mark their lowest settlement since early August, pressured by strength in the U.S. dollar, with the ICE U.S. Dollar Index touching its highest level in about three months. The index was up nearly 0.9% at 94.515 as gold prices settled, a level not seen since July. December gold fell $9.40, or 0.7%, to settle at $1,269.60 an ounce, the lowest since Aug. 8, according to FactSet data.
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