SAN FRANCISCO (MarketWatch) -- Gold futures inched lower Wednesday, poised to log a second-straight session of losses as strength in the U.S. dollar helped dull investment demand in the precious metal. August gold GC1Q -0.26% fell $4 to $1,540 an ounce on the Comex division of the New York Mercantile Exchange. The U.S. dollar index DXY +0.27% is trying to rally, putting pressure on most commodities, said Darin Newsom, a senior analyst at Telvent DTN. "Fundamentally, nothing is new. [Federal Reserve Chairman Ben] Bernanke's comments Tuesday regarding the still weak economy should provide gold long-term support."
