Gold for August delivery GCQ4 +0.59% shed 50 cents to settle at $1,316.50 an ounce on the Comex division of the New York Mercantile Exchange. Prices had already tallied a loss of nearly $14 an ounce, or 1.1%, over the past two trading sessions and based on the most-active contracts, closed Tuesday at their lowest since June 20.
September silver SIU4 +0.80% ended nearly flat $21.01 an ounce following a loss of 1.4% in the past two sessions.
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