NEW YORK (MarketWatch) -- Gold futures ended little changed Friday, after two days of sharp losses, as the U.S. dollar made gains against other major currencies. Gold for June delivery ended up 30 cents at $889.70 an ounce on the New York Mercantile Exchange. Gold posted a drop of $25.50 from last Friday's closing level of $912.20 an ounce. "We expect gold to remain vulnerable to further weakness, with a failure to hold above $872 potentially triggering a drop back to $850," said James Moore, an analyst at TheBullionDesk.com, in a research note. On Thursday, gold futures dropped $19.60 an ounce, on the heels of falling by more than $16 on Wednesday. "Some bargain-hunting has provided temporary support, yet there is wariness that any change in Fed rate expectations could mark a broader shift in dollar sentiment, which may have a detrimental effect on commodities as a whole," said analysts at Action Economics.
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