Gold futures settled lower on Thursday despite having edged up earlier in the session, after Treasury yields dropped as bond selloff abated.
A weaker dollar contributed as well to the yellow metal's uptick earlier in the day.
The dollar index dropped to 106.44, coming off from a high of 106.86.
Gold futures for December ended lower by $3.00 at $1,831.80 an ounce.
Silver futures for December ended down $0.127 at $21.019 an ounce, while Copper futures for December settled at $3.5520 per pound, down $0.0370 from the previous close.
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Market Analysis
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.