CHICAGO, July 13 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell on Thursday, pulling back after a three-session climb, with U.S. equities trading mostly higher.
The most active gold contract for August delivery fell 1.8 U.S. dollars, or 0.15 percent, to settle at 1,217.30 dollars per ounce.
On Thursday, the Dow was on track to take out a fresh record as Federal Reserve Chair Janet Yellen's comments have been upbeat enough to keep the upward momentum in stocks going, limiting gold's upside as investors remained warm to riskier assets.
The index is a measure of the dollar against a basket of other major currencies. Gold and the dollar typically move in opposite directions, which means if the dollar goes up, gold futures will fall.
As for other precious metals, silver for September delivery dropped 19.6 cents, or 1.23 percent, to close at 15.691 dollars per ounce. Platinum for October delivery fell 11.90 dollars, or 1.29 percent, to close at 907.1 dollars per ounce. Enditem
