Gold books 3rd loss in a row as dollar strengthens

Gold futures ended lower Tuesday as the yellow metal was weighed down by strength in the U.S. dollar.

February gold GCG6, -0.09% fell $11, or 1%, to $1,085.20 an ounce, marking its third straight session of declines.

The dollar ICE U.S. Dollar Index DXY, +0.16% a measure of the dollar against a basket of currencies, advanced 0.3%, which put pressure on dollar-denominated commodities.

A stronger buck makes assets priced in the currency more expensive to buyers using other monetary units.

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