(Kitco News) – Gold prices ended the U.S. day session lower Thursday, on profit-taking from recent gains that saw prices hit a four-week high Wednesday. The U.S. ADP jobs report that was a big miss to the upside today was also bearish for the precious metals markets. The U.S. dollar index was also higher Thursday, and that was a daily negative for the metals. August Comex gold was last down $6.10 an ounce at $1,269.30. July Comex silver was last down $0.151 at $17.255 an ounce.
