Gold futures settle at a one-week low

Gold futures fell for a second straight session on Thursday, sending prices to their lowest settlement in a week, as a return of calm in global markets and upbeat economic data out of the U.S. saps the precious metal of haven appeal.

December gold shed $9.10, or 0.8%, to settle at $1,124.50 an ounce on Comex. Prices marked their seventh loss in nine trading sessions, and their lowest settlement since Aug. 27.

Weighing on gold Thursday were a relatively strong reading of U.S. weekly jobless claims, which helped the U.S. dollar DXY, -0.14% move higher against its major rivals, and comments from European Central Bank President Mario Draghi, that were read as dovish.

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