NEW YORK, March 7 (UPI) -- Gold gave up $5.70 Thursday, settling at $1,578 per troy ounce on the Comex division of the New York Mercantile Exchange.
Silver shed 14 cents to reach $28.88 per ounce.
On Wall Street, the Dow Jones industrial average set an all-time closing high for the third consecutive session, adding 33.25 points, or 0.23 percent, to close at 14,329.49.
Against the dollar the euro rose to $1.3107 from Wednesday's $1.2966. Against the yen, the dollar was higher at 94.81 yen from 93.07 yen.
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OSLO, Norway, May 24 (UPI) --Norwegian oil and gas company DNO International said tests from a field in the Kurdish region of Iraq yielded an average flow rate of more than 100,000 bpd.