Gold futures tallied back-to-back gains on Thursday, but found only modest support for the session against a backdrop of mixed trading in the U.S. stock market on the heels of the latest earnings reports and economic data.
Gold for June delivery tacked on 30 cents, or 0.02%, to settle at $1,279.70 an ounce. The most-active contract settled at its lowest levels since about Dec. 26 on Tuesday, according to FactSet data, before a 0.5% rebound on Wednesday.
May silver fell back by 3.7 cents, or 0.3%, to $14.879 an ounce after Tuesday’s 0.9% climb.
The SPDR Gold Shares exchange-traded fund added 0.1%, but the miner-focused VanEck Vectors Gold Miners ETF traded down 1.2%.
Source : Marketwatch