NEW YORK (MarketWatch) -- Gold prices fell for a third day on Wednesday, with most markets watching for comments from U.S. Federal Reserve Chairman Ben Bernanke on his outlook for economic growth and interest rates, which will likely drive the dollar. Gold for April delivery declined $6.40, or 0.6%, to $1,096.70 an ounce. "Depending on how the market is interpreting his speech, it should have an impact on the euro-dollar exchange rate and, therefore, on the gold price," said strategists at Commerzbank. The dollar index (DXY 80.74, -0.11, -0.13%) , which measures the U.S. unit against a trade-weighted basket of six major currencies, declined to 80.749, down from 80.874 in late North American trading Tuesday. The euro rose to $1.3551, up from $1.3534 on Tuesday.
