Precious metals prices lower on session

Precious metals prices were lower on Thursday, with June gold futures on the COMEX unit of the New York Mercantile Exchange $5.30 lower to $667.60 per troy ounce after trading in a range between $660.80 and $672.50 during the session. Spot gold was quoted at $661.20/$661.70 per troy ounce, with the London afternoon fix at $661.

COMEX May silver dropped 11.5 cents to $13.340 per tory ounce, trading as high as $11.180 and as low as $13.430 during the session. The London fix was at $13.340 per troy ounce. Meanwhile NYMEX July platinum was $10.20 lower to $1,247.60 per troy ounce, with spot platinum at $1,235.00/$1,240.00. June palladium fell by $1.85 to $356 per troy ounce. Spot palladium was quoted at $350.00/$354.00.