Gold settles under $1,070 for the first time since 2010

Gold futures fell under $1,070 an ounce on Tuesday for the first time in more than five years as investors shook off lingering worries about the terrorist attacks in Paris and bought assets perceived as risky, such as stocks, dulling interest in the metal.

December gold GCZ5, -0.12% dropped $15, or 1.4%, to settle at $1,068.60 an ounce on Comex. The settlement was the lowest for a most-active contract since Feb. 8, 2010.

The ICE U.S. Dollar Index DXY, +0.03%  edged up Tuesday, drawing further interest away from gold. A stronger greenback makes assets priced in dollars more expensive to investors using other currency units to buy them.

Among the other metals traded on Comex, December silver SIZ5, -0.36%  fell 5.1 cents, or 0.4%, to $14.171 an ounce, while December copper HGZ5, -1.38%  declined by 1.2 cents, or 0.5%, to $2.104 a pound.

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