Gold marks 5th loss in six sessions

Gold futures finished with a loss on Thursday, their fifth in six sessions, as global equities mostly climbed after the Bank of England surprised investors by opting not to cut benchmark interest rates.

August gold GCQ6, -0.07%  fell $11.40, or 0.9%, to settle at $1,332.20 an ounce. Prices gained 0.6% on Wednesday after a four-session decline.

September silver SIQ6, -0.02%  eased by 9.1 cents, or 0.5%, to $20.322 an ounce. Silver futures settled near a two-year high on Wednesday.

The ICE U.S. Dollar Index DXY, -0.06% was up ahead of the BOE decision, but traded 0.1% lower at gold’s settlement. Gold often trades inversely with the greenback, but the rally in the stock market helped to draw investors away from gold.

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