(RTTNews) - The price of gold was little changed Thursday morning amid a mixed U.S. dollar.
Gold for August delivery, the most actively traded contract, edged down $2.80 to $1,535.90 an ounce. Yesterday, gold settled below $1,540 for the first time in four days amid a strong U.S. dollar and profit taking.
Holdings of SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, moved down to 1,211.87 tons from 1,212.87 tons.
Meanwhile, the U.S. dollar was lingering near its one-month low versus the euro ahead of an interest rate decision from the ECB. The buck was trading flat against sterling amid the Bank of England's interest rate decision, while edging higher versus the Swiss franc and the yen.
The BoE left its key rates unchanged at 0.50 percent and holds asset purchase program at GBP 200 billion,.
Elsewhere, the price of silver moved up, while platinum was ticking lower in morning deals.
In economic news, the U.S Labor Department will release its weekly jobless claims data at 8.30 a.m. ET. Economists expect claims to have declined to 418,000 in the week ended June 04 from 422,000 in the previous week.
Also, the Commerce Department will come out with its April trade balance report. Economists expect the trade deficit to have widened to $49 billion from $48.2 billion in March, mainly due to higher oil prices.
