The most active gold contract for December delivery fell 1.5 U.S. dollars, or 0.09 percent, to close at 1,751.8 dollars per ounce.
The U.S. Department of Labor reported on Thursday that its producer price index jumped one percent in July, better than expectations.
The U.S. Department of Labor also reported on Thursday that for the week ending Aug. 7, U.S. initial unemployment claims were 375,000, in line with expectations.
Silver for September delivery fell 37.2 cents, or 1.58 percent, to close at 23.116 dollars per ounce. Platinum for October delivery rose 2.1 dollars, or 0.21 percent, to close at 1,017.7 dollars per ounce.
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