Bullion prices ended lower at Comex on Thursday, 27 June 2019. Gold futures finished lower on Thursday, suffering back-to-back losses after the haven metal scored a nearly six-year high early in the week. The impending sideline meetings at the Group of 20 conference in Japan between U.S. President Donald Trump and his Chinese counterpart Xi Jinping held the attention of financial markets, which had been supportive for gold in recent sessions.
August gold edged down by $3.40, or 0.2%, to settle at $1,412 an ounce. Silver contract fell 8.1 cents, or 0.5%, to $15.294 an ounce
Expectations for lower interest rates among global central banks and geopolitical concerns centered on trade spats and tensions with Iran had been making gold a preferred investment this spring, especially as competing low-risk U.S. Treasury bond yields dropped. The yield on the 10-year note fell below 2% in recent sessions.
Gold also fell as the leading dollar index traded little changed on Thursda