Gold futures pare week-to-date rise

Gold futures finished lower on Thursday to pare an overall gain for the week so far. The U.S. dollar and Treasury yields strengthened, pressuring prices for the precious metal, after U.S. data showed a drop in weekly U.S. jobless claims to their lowest in two months. Gold for August delivery
GCQ23,
-0.45%
settled at $1,970.90 an ounce on Comex, down $9.90, or 0.5%. Week to date, prices have edged up by 0.3%, according to Dow Jones Market Data.