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Metals Stocks: Gold prices edge lower ahead of ECB policy update

Gold futures were little changed Thursday morning in New York as investors awaited the outcome of a European Central Bank policy meeting, which could influence trading on the day as the central bank spots signs of weakness in Europe’s economy.

April gold GCJ9, -0.04% edged off $1.10, or less than 0.1%, to $1,286.50 an ounce, after gaining in the session before. On Tuesday, bullion marked its lowest settlement since Jan. 24, based on the most-active contract, according to FactSet data.

May silver SIK9, +0.00% meanwhile, was off a penny, or 0.3%, at $15.090 an ounce.

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