Metals Stocks: Gold, industrial metals slip as dollar gains

Luke Sharrett/Bloomberg

Gold bars are displayed inside the Denver Mint in Denver, Colorado.

Gold futures tipped lower Thursday, tracking a firmer dollar, with the market drawing limited fresh enthusiasm from a closely watched industry report that showed strong investment demand for precious metals in the first half of the year.

December gold GCZ6, +0.01% slipped $1.10, or 0.1%, to $1,350.80 an ounce. Silver for September delivery SIU6, -0.20% was unchanged at $20.17 an ounce.

In reaction, the exchange-traded fund SPDR Gold Trust GLD, -0.11% eased 0.2% ahead of the bell, and the silver ETF iShares Silver Trust SLV, -0.42% gave up 0.1%, while the VanEck Vectors Gold Miners ETF GDX, +0.00% fell 0.4% premarket.

>>> Original Source <<<