Gold futures closed lower Thursday to tally a three-session loss of nearly $22 an ounce as a drop in weekly U.S. jobless claims helped provide a boost to the stock market.
Gold for June delivery GCM4 +0.31% fell $1.20, or 0.1%, to settle at $1,287.70 an ounce on the Comex division of the New York Mercantile Exchange. Including Thursday’s action, prices have lost a total of 1.7%, or $21.60 an ounce, in three sessions.
July silver SIN4 +0.32% also lost 20 cents, or 1.1%, to $19.14 an ounce after a 1.5% decline in the previous session.
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July silver SIN4 +0.32% also lost 20 cents, or 1.1%, to $19.14 an ounce after a 1.5% decline in the previous session.
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