Gold ends lower, down six sessions in eight

SAN FRANCISCO (MarketWatch) -- Gold futures closed lower Wednesday, pulling back by $4 an ounce after a gain of nearly $21 in the previous session as the U.S. dollar saw modest strength in the wake of the European Central Bank's loan offer to euro-area banks. Gold for February delivery GC2G +0.08% fell 0.3% to settle at $1,613.60 an ounce on the Comex division of the New York Mercantile Exchange. Prices have now logged losses in six out of the last eight trading sessions.

Source; http://www.marketwatch.com/story/gold-ends-lower-down-six-sessions-in-eight-2011-12-21