Gold futures settled lower on Wednesday for a fourth session in a row as investors looked at first quarter data on the U.S. economy to gauge the timing of the Federal Reserve’s interest-rate hike and kept an eye on Greece’s stalled debt negotiations.Gold for August delivery on Comex GCQ5, +0.26% fell $3.70, or 0.3%, to settle at $1,172.90 an ounce. Prices settled at their lowest level since June 5.
July silver SIN5, +0.04% meanwhile, rose 11.6 cents, or 0.7 %, to $15.853 an ounce, rebounding after Tuesday’s 2.5% decline.
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