Gold futures settled lower for a fifth session in a row on Thursday, as traders tracked discussions about a debt deal for Greece that appeared to be increasingly unlikely to materialize ahead of a deadline at the end of the month.Gold for August delivery on Comex GCQ5, +0.18% fell $1.10, or 0.1%, to settle at $1,171.80 an ounce. Tracking the most-active contracts, that was the fifth straight session of losses and prices stand at their lowest settlement since June 5.
September silver SIU5, -0.10% declined by 4.9 cents, or 0.3%, at $15.841 an ounce.
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