Gold down 0.9% as dollar gains on U.S. data, ECB comments

NEW YORK (MarketWatch) -- Gold futures fell 0.9% on Thursday, pulling back from their highest level since mid-January, as the dollar gained on support from U.S. economic data and a European Central Bank official's approval of Greece's plan to fix its finances.

That boosted the dollar and in turn detracted from gold's appeal as an alternative investment.

Gold for April delivery declined $10.20 an ounce to $1,133.10.

Click here for more on today's price action in gold.

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