Gold futures finished slightly lower Thursday, marking the first decline in six sessions, as stocks, bond yields and the dollar all headed south, perhaps checking bullion's decline. A selloff in the equity market---though the Dow Jones Industrial Average
DJIA,
-1.03%,
the S&P 500 index
SPX,
-1.04%
and the Nasdaq Composite Index
COMP,
-0.84%
were off their worst levels of the session---may have resulted in investors liquidating some of their winning holdings like gold, weighing on the precious metal's price, strategists speculated. August gold closed down $1.90, or 0.1%, to settle at $1,800.20 an ounce. The 10-year Treasury note
TMUBMUSD10Y,
1.295%
and the 30-year bond
TMUBMUSD30Y,
1.917%
yield both fell to around February lows. Earlier in the session, gold had enjoyed solid gains that had suggested that the commodity might book a sixth straight gain, matching its longest streak of advances since the period ended May 20.