Gold futures climbed Thursday to post their first gain in four sessions. Analysts attributed the rise to a bounce back in the wake of oversold conditions as the U.S. dollar weakened a bit for the session. Gold prices, however, remained sharply lower week to date as overall strength in the dollar, with the ICE U.S. Dollar Index /zigman2/quotes/210598269/delayed DXY -0.08% up 1.5% for the week, dulling the appeal for the dollar-denominated precious metal. December gold /zigman2/quotes/210039572/delayed GCZ20 -0.06% tacked on $8.50, or nearly 0.5%, to settle at $1,876.90 an ounce.
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Gold prices post a gain for the first time in 4 session